118th Congress · HOUSE BILLBILL

H.R. 5135 — Assault Weapons Excise Act

“To amend the Internal Revenue Code of 1986 to impose an additional 1,000 percent excise tax on the sale of large capacity ammunition feeding devices and semiautomatic assault weapons, and for other purposes.”

Taxation

Introduced Aug 4, 2023

Last action Aug 4, 2023

Pipeline · Bill → Law

Step 1

Introduced

Aug 4, 2023

Step 2

Referred

Aug 4, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill imposes an additional 1000% excise tax on large capacity ammunition feeding devices and semiautomatic assault weapons. It exempts from such additional tax devices and weapons acquired by the United States or by a state or local government.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Aug 4, 2023

Introduced in House

Aug 4, 2023

Referred to the House Committee on Ways and Means.