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:
“(C) Firearms (other than pistols and revolvers).
“(D) Any lower frame or receiver for a firearm, whether for a semiautomatic pistol, rifle, or shotgun that is designed to accommodate interchangeable upper receivers.
“(2) Articles taxable at 50 percent: Shells and cartridges.”.
Text for H.R.5103 – 115th Congress (2017-2018): Gun Violence Prevention and Safe Communities Act of 2018