HR6743119th CongressWALLET

Medicare Investment and Gun Violence Prevention Act

Sponsored By: Representative Frost

Introduced

Summary

Restores federal transfer and manufacturing taxes on most firearms. It also directs a $1.7 billion supplemental payment to the Medicare Part A Trust Fund.

Show full summary
  • Manufacturers and people transferring firearms would face a $200 making tax and a $200 transfer tax per firearm. Firearms classified as "any other weapon" under section 5845(e) would have a $5 transfer tax.
  • Medicare Part A would receive $1.7 billion for fiscal year 2026 from the Treasury, available until expended and described as supplemental to existing trust fund amounts. That funding is intended to support Part A liquidity or solvency.

*Would add $1.7 billion in supplemental funding to the Federal Hospital Insurance (Medicare Part A) Trust Fund, increasing federal outlays by $1.7 billion.*

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

One-time boost for Medicare Part A

The bill would appropriate $1.7 billion to the Medicare Part A (Hospital Insurance) Trust Fund for fiscal year 2026. The money would come from any money in the Treasury not otherwise appropriated. This funding would be in addition to other Medicare Part A amounts. The funds would remain available until expended.

Higher excise taxes on firearms

The bill would restore excise taxes on making and transferring firearms. It would set a $200 tax for each firearm made. It would set a $200 tax for each firearm transferred, except items classed as "any other weapon" would be taxed $5 per transfer. The tax would be paid when the firearm is made or transferred. These rules would apply to calendar quarters beginning more than 90 days after enactment.

Sponsors & CoSponsors

Sponsor

Frost

FL • D

Cosponsors

  • Neguse

    CO • D

    Sponsored 12/16/2025

Roll Call Votes

No roll call votes available for this bill.

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