Congress·In Committee·S. 3512
Medicare Investment and Gun Violence Prevention Act
Congress proposes restoring certain firearm taxes and sending revenue plus $1.7B to Medicare Part A
Legislative Progress
Senate
Key Points
- Restores a $200 tax on transferring certain regulated firearms and a $200 tax on making them; some “other weapon” transfers stay at $5.
- The change is meant to undo a prior removal of these firearm taxes and bring the taxes back under federal tax law.
- The bill says the money raised should support Medicare’s hospital insurance trust fund (Part A).
- Also provides an extra $1.7 billion for Medicare Part A for fiscal year 2026, available until spent.
- The tax changes would start for calendar quarters beginning more than 90 days after the bill becomes law.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Negative Impacts(1)
Mixed Impacts(1)
Milestones
2 milestones2 actions
Dec 16, 2025
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Dec 16, 2025
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Medicare Investment and Gun Violence Prevention Act
Bill NumberS 3512
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.
Data Sources
Sponsor
Cosponsors
(4)D: 4
Analysis generated by AI. Always verify with official sources.