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Medicare Investment and Gun Violence Prevention Act
To amend the Internal Revenue Code of 1986 to repeal the elimination of tax on certain firearms under the National Firearms Act and to deposit the savings into the Medicare part A trust fund.
Summary
This bill repeals previous eliminations of transfer and manufacturing taxes on firearms under the National Firearms Act, restoring a $200 tax per firearm transfer and a $200 tax per firearm manufactured, with a lower $5 rate for certain weapons classified as "any other weapon." The taxes apply to transactions occurring more than 90 days after the bill's enactment. The bill appropriates $1.7 billion in revenue from these taxes to the Medicare Part A Trust Fund in fiscal year 2026.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
1 cosponsor
- Rep. Neguse, Joe [D-CO-2] (D-CO)
Money behind the sponsor
Top reported contributors to Maxwell Frost’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- VLP LAW $13,200
- SMARTHINKING $13,200
- BAD ROBOT PRODUCTIONS $13,200
- AMSCOT FINANCIAL, INC. $8,500
- ADVENT HEALTH $6,750
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Maxwell Frost → · Outside spending →
Actions (2)
- Dec 16, 2025 Referred to the House Committee on Ways and Means. · house
- Dec 16, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
December 16, 2025
Mr. Frost (for himself and Mr. Neguse) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to repeal the elimination of tax on certain firearms under the National Firearms Act and to deposit the savings into the Medicare part A trust fund.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Medicare Investment and Gun Violence Prevention Act”.
SEC. 2. REPEAL OF ELIMINATION OF TRANSFER AND MANUFACTURING TAXES FOR CERTAIN FIREARMS.
(a) Transfer Tax.—Section 5811(a) of the Internal Revenue Code of 1986, as amended by section 70436(a) of Public Law 119-21, is amended to read as follows:
“(a) Rate.—There shall be levied, collected, and paid on firearms transferred a tax at the rate of $200 for each firearm transferred, except, the transfer tax on any firearm classified as any other weapon under section 5845(e) shall be at the rate of $5 for each such firearm transferred.”.
(b) Making Tax.—Section 5821(a) of the Internal Revenue Code of 1986, as amended by section 70436(b) of Public Law 119-21, is amended to read as follows:
“(a) Rate.—There shall be levied, collected, and paid upon the making of a firearm a tax at the rate of $200 for each firearm made.”.
(c) Conforming Amendment.—Section 4182(a) of the Internal Revenue Code of 1986, as amended by section 70436(c) of Public Law 119-21, is amended by striking the second sentence.
(d) Effective Date.—The amendments made by this section shall apply to calendar quarters beginning more than 90 days after the date of enactment of this Act.
SEC. 3. ADDITIONAL FUNDING FOR THE MEDICARE PART A TRUST FUND.
In addition to amounts otherwise made available, there is appropriated to the Federal Hospital Insurance Trust Fund under section 1817 of the Social Security Act (42 U.S.C. 1395i) for fiscal year 2026, out of any money in the Treasury not otherwise appropriated, $1,700,000,000, to remain available until expended. <all>
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