Tax Exemptions and Deregulation for Less-Than-Lethal Projectile Devices.
This law exempts specific low-velocity projectile devices (under 500 feet per second) designed not to cause serious injury from strict federal firearms regulations. This change removes the federal excise tax on these devices and their ammunition, potentially lowering costs for consumers and law enforcement. Furthermore, these devices are excluded from the stringent registration requirements of the National Firearms Act (NFA), simplifying their sale and possession.
Key points
Financial Benefit: Less-than-lethal projectile devices (under 500 fps) and their ammunition are exempt from the federal excise tax, potentially leading to lower retail prices.
Regulatory Relief: These devices are no longer classified as firearms under key federal laws and are exempt from the strict registration and transfer rules of the National Firearms Act (NFA).
Technology Promotion: The law aims to encourage the development and use of non-lethal technology for de-escalation purposes.
Status:
Expired
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