Medicare Investment and Gun Violence Prevention Act

Key Points

• Congress would bring back federal taxes on certain regulated firearms: $200 per transfer and $200 to make one, with a $5 rate for one special category.
• The bill’s goal is to undo a prior change that removed these taxes, meaning buyers and makers could face higher up-front costs again for covered firearms.
• The tax changes would start for calendar quarters beginning more than 90 days after the bill becomes law, not immediately.
• The bill also directs $1.7 billion in fiscal year 2026 to Medicare Part A’s trust fund, which helps pay for hospital care for people with Medicare.