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Firearm Tax Reinstatement Funds Medicare Part A

This bill reinstates federal taxes on the transfer and making of certain firearms, which were previously eliminated. The money generated from these taxes, along with an additional $1.7 billion, will be directed to the Medicare Part A trust fund. This aims to strengthen the fund that helps cover hospital care for eligible Americans.
Key points
A $200 federal tax will be reinstated on the transfer of most firearms and on the making of firearms (with a $5 tax for certain other weapons).
The Medicare Part A fund, which covers hospital insurance, will receive an additional $1.7 billion in funding.
These changes aim to boost Medicare's financial stability and affect individuals involved in firearm transfers or manufacturing by increasing their costs.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6743
Sponsor: Rep. Frost, Maxwell [D-FL-10]
Process start date: 2025-12-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Medicare Investment and Gun Violence Prevention Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6743.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-12-16.

What are the main provisions?

Key points include:

  • A $200 federal tax will be reinstated on the transfer of most firearms and on the making of firearms (with a $5 tax for certain other weapons).
  • The Medicare Part A fund, which covers hospital insurance, will receive an additional $1.7 billion in funding.
  • These changes aim to boost Medicare's financial stability and affect individuals involved in firearm transfers or manufacturing by increasing their costs.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Frost, Maxwell [D-FL-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-11.

CATEGORIES

Taxes Health