Freedom from Taxes Act of 2026
To amend the Internal Revenue Code of 1986 to modify and eliminate certain taxes imposed under the National Firearms Act, and for other purposes.
The Freedom from Taxes Act of 2026 aims to change the Internal Revenue Code, specifically targeting the taxes under the National Firearms Act. This bill proposes to modify and eliminate certain taxes related to firearms, which could affect individuals and businesses involved in the firearms industry.
The bill would primarily impact firearm manufacturers, dealers, and collectors who currently pay taxes on certain firearms and related activities. If passed, it could reduce financial burdens on these groups by eliminating or lowering specific taxes.
As of May 20, 2026, the bill has been introduced in the House and referred to the House Committee on Ways and Means. No further actions have been recorded since its introduction. The bill is in its initial stages, and its future progress will depend on committee reviews and potential amendments.
