H.R.5103 – 115th Congress (2017-2018): Gun Violence Prevention and Safe Communities Act of 2018
SEC. 2. Increase in excise taxes relating to firearms. (a) In general.—Section 4181 of the Internal Revenue Code of 1986 is amended to read as follows: “SEC. 4181. Imposition of tax. “There is hereby imposed upon the sale by the manufacturer, producer, or importer of the following articles a tax equivalent to the specified percent of the price for which so sold: “(1) Articles taxable at 20 percent: “(A) Pistols. “(B) Revolvers. “(C) Firearms (other…