Repeal the NFA Act

Repeals the National Firearms Act by removing Chapter 53 of the Internal Revenue Code, eliminating the federal statutory framework that imposed special taxes, registration, and transfer rules on certain firearms and accessories. The change would remove the federal tax and registration requirements that applied to items like short-barreled rifles, short-barreled shotguns, silencers/suppressors, and machineguns, and it would shift the federal regulatory landscape for those items.