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Repeal of Firearm and Ammunition Excise Taxes, Wildlife Conservation Funding Changes.

This act repeals federal excise taxes on firearms, ammunition, bows, and arrows, potentially lowering their costs for citizens. It also modifies how wildlife conservation programs are funded, redirecting money from other sources to continue supporting these efforts.
Key points
Elimination of excise taxes on firearms and ammunition, potentially affecting their availability and price.
Repeal of excise taxes on bows and arrows, which may reduce costs for hunters and athletes.
Changes to the funding mechanism for wildlife conservation programs, ensuring continued support from alternative sources rather than previous firearm-related taxes.
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Additional Information
Print number: 117_HR_8167
Sponsor: Rep. Clyde, Andrew S. [R-GA-9]
Process start date: 2022-06-22