# 86-hr-4029: An Act to amend the Internal Revenue Code of 1954 to eliminate the proration of the occupational tax on persons dealing in machineguns and certain other firearms, to reduce occupational and transfer taxes on certain weapons, to make the transferor and transferee jointly liable for the transfer tax on firearms, and to make certain changes in the definition of a firearm

86-hr-4029, An Act to amend the Internal Revenue Code of 1954 to eliminate the proration of the occupational tax on persons dealing in machineguns and certain other firearms, to reduce occupational and transfer taxes on certain weapons, to make the transferor and transferee jointly liable for the transfer tax on firearms, and to make certain changes in the definition of a firearm, is a 86th Congress bill sponsored by unknown; status Became Public Law No. 86-478 (as of 2025-10-20).

- Canonical: https://policyrisk.com/legislation/86-hr-4029
- As of: 2025-10-20
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 86-hr-4029
- Congress: 86
- Title: An Act to amend the Internal Revenue Code of 1954 to eliminate the proration of the occupational tax on persons dealing in machineguns and certain other firearms, to reduce occupational and transfer taxes on certain weapons, to make the transferor and transferee jointly liable for the transfer tax on firearms, and to make certain changes in the definition of a firearm
- Status: Became Public Law No. 86-478
- Introduced: 1959-02-04
- Sponsor: unknown
- Cosponsors: 0
- Policy area: unknown
- Touches household money: no
- Last recorded action: 2025-10-20

## Summary

An Act to amend the Internal Revenue Code of 1954 to eliminate the proration of the occupational tax on persons dealing in machineguns and certain other firearms, to reduce occupational and transfer taxes on certain weapons, to make the transferor and transferee jointly liable for the transfer tax on firearms, and to make certain changes in the definition of a firearm

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- 86-sjres-73: Joint resolution Extending an invitation to the International Olympic Committee to hold the 1964 Olympic games in the United States
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- 86-sjres-94: Joint resolution to defer the proclamation of marketing quotas and acreage allotments for the 1960 crop of wheat until June 1, 1959
- 86-sjres-111: Joint resolution providing for the designation of the third week of July as ""Captive Nations Week""
- 86-sjres-124: Joint resolution to extend the voluntary home mortgage credit program

## Sources
- [86-hr-4029 on Congress.gov](https://www.congress.gov/bill/86th-congress/house-bill/4029)

## Related
- [86-sjres-47: Joint resolution providing that certain communication activities at the IX Plen…](https://policyrisk.com/legislation/86-sjres-47)
- [86-sjres-73: Joint resolution Extending an invitation to the International Olympic Committee…](https://policyrisk.com/legislation/86-sjres-73)
- [86-sjres-19: Joint resolution Authorizing the Architect of the Capitol to present to the Sen…](https://policyrisk.com/legislation/86-sjres-19)
- [86-sjres-94: Joint resolution to defer the proclamation of marketing quotas and acreage allo…](https://policyrisk.com/legislation/86-sjres-94)
- [86-sjres-111: Joint resolution providing for the designation of the third week of July as ""C…](https://policyrisk.com/legislation/86-sjres-111)
- [86-sjres-124: Joint resolution to extend the voluntary home mortgage credit program](https://policyrisk.com/legislation/86-sjres-124)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/86-hr-4029 (as of 2025-10-20).