Medicare Investment and Gun Violence Prevention Act
Sponsored By: Representative Frost, Maxwell [D-FL-10]
Introduced
Summary
This bill would reimpose federal transfer and making taxes on many firearms and direct that revenue to the Medicare Part A (hospital insurance) trust fund. It restores taxes that had been removed and sets specific rates for transfers and manufacture of firearms, with an exception for certain weapons classified under section 5845(e).
Show full summary
- People who transfer or manufacture firearms would pay new taxes. Transfers of most firearms would carry a $200 tax per firearm. Transfers of weapons classified under section 5845(e) would be taxed $5 each, and making a firearm would trigger a $200 making tax.
- Medicare beneficiaries and seniors would see the proceeds routed to Medicare Part A. The bill specifies that revenue from the taxes would be directed to the Federal Hospital Insurance (Medicare Part A) trust fund.
- Federal funding for 2026 would get an immediate boost. The bill would appropriate $1.7 billion from the Treasury to the Medicare Part A trust fund for fiscal year 2026, available until expended.
The tax provisions would apply for calendar quarters beginning more than 90 days after enactment.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
One-time Medicare Part A payment
This bill would appropriate $1.7 billion to the Federal Hospital Insurance Trust Fund (Medicare Part A) for fiscal year 2026. The money would come from the Treasury not otherwise appropriated and would remain available until expended. The appropriation would be in addition to other amounts already available. If enacted, Medicare Part A financing could be more stable because of this payment.
New firearm making and transfer taxes
This bill would create new per-firearm taxes. You would pay $200 for each firearm you make. You would pay $200 for each firearm transferred, except transfers of "any other weapon" would be $5 each. The tax would apply to manufacturers, dealers, and people whose transfers are covered by the National Firearms Act. These rules would start for calendar quarters beginning more than 90 days after enactment.
Sponsors & CoSponsors
Sponsor
Frost, Maxwell [D-FL-10]
FL • D
Cosponsors
Rep. Neguse, Joe [D-CO-2]
CO • D
Sponsored 12/16/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov