Text: S.1541 — 115th Congress (2017-2018)All Information (Except Text)

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Introduced in Senate (07/12/2017)


115th CONGRESS
1st Session
S. 1541


To modify the definition of an antique firearm.


IN THE SENATE OF THE UNITED STATES

July 12, 2017

Mr. Cassidy introduced the following bill; which was read twice and referred to the Committee on Finance


A BILL

To modify the definition of an antique firearm.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Amendment to title 18, United States Code.

Section 921(a)(16)(A) of title 18, United States Code, is amended by striking “1898” and inserting “the calendar year that is 100 years before the calendar year in which the determination as to whether the firearm meets the requirement of this subparagraph is being made”.

SEC. 2. Amendment to Internal Revenue Code of 1986.

Subsection (g) of section 5845 of the Internal Revenue Code of 1986 is amended—

(1) by striking “1898” the first place it appears and inserting “the calendar year that is 100 years before the calendar year in which the determination as to whether the firearm meets the requirement of this subsection is being made”;

(2) by striking “the year 1898” and inserting “the calendar year that is 100 years before the calendar year in which such determination is being made”; and

(3) by striking “1898,” and inserting “the calendar year that is 100 years before the calendar year in which such determination is being made,”.