Medicare Investment and Gun Violence Prevention Act
Sponsored By: Senator Alsobrooks, Angela D. [D-MD]
Introduced
Summary
Reinstates federal firearm transfer and manufacturing taxes and directs revenue toward Medicare Part A. This bill would set per‑gun taxes and route money to strengthen the Federal Hospital Insurance trust fund.
Show full summary
- Buyers and sellers: It would impose a $200 transfer tax for each firearm transferred and a $5 transfer tax for any firearm classified as an "other weapon" under section 5845(e). These rates would begin for calendar quarters starting more than 90 days after enactment.
- Manufacturers: It would impose a $200 manufacturing tax for each firearm made.
- Medicare beneficiaries and hospitals: It would provide $1.7 billion in additional funding to the Medicare Part A (Federal Hospital Insurance) trust fund for fiscal year 2026, drawn from Treasury general funds.
*Provides $1.7 billion from Treasury to the Medicare Part A trust fund for FY2026.*
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
One-time $1.7 billion boost to Medicare
If enacted, the government would appropriate $1.7 billion to the Medicare Part A (Hospital Insurance) Trust Fund for fiscal year 2026. The money would come from Treasury funds not otherwise appropriated. The funds would remain available until expended. This is in addition to amounts otherwise available.
New federal firearm making and transfer taxes
If enacted, manufacturers, dealers, and people who transfer firearms would pay new federal excise taxes. A $200 tax would apply to each firearm made. A $200 tax would apply to each regular firearm transferred. Transfers of any other weapon would be taxed $5 each. These taxes would start for calendar quarters beginning more than 90 days after enactment.
Sponsors & CoSponsors
Sponsor
Alsobrooks, Angela D. [D-MD]
MD • D
Cosponsors
Sen. Wyden, Ron [D-OR]
OR • D
Sponsored 12/16/2025
Sen. Van Hollen, Chris [D-MD]
MD • D
Sponsored 12/16/2025
Sen. Booker, Cory A. [D-NJ]
NJ • D
Sponsored 12/16/2025
Sen. Shaheen, Jeanne [D-NH]
NH • D
Sponsored 12/16/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov