However, moving forward, when the SHARE Act does go before the subcommittee, it will include under Title XVII, all of the following provisions:
Sec. 1702: Removing suppressors from the National Firearms Act, subjecting them to the same instant NICS background check as long guns, and issuing a refundable tax credit to anyone who has purchased a suppressor since the HPA’s original date of introduction
Sec. 1703: Ensuring that suppressors will remain legal in all 42 states where they are currently legal, after suppressors are removed from the National Firearms Act
Sec. 1704: Preempting states from levying taxes or registration requirements on suppressors. However, this will not make suppressors legal in any state where state law currently prohibits them.
Sec. 1705: Granting the ATF 365 days to destroy all suppressor related records from the National Firearms Registration and Transfer Record (NFRTR)
Sec. 1706: Developing a “keystone part” definition, and requiring that such keystone part is serialized on every suppressor. This will ensure that individual suppressor parts, like pistons and endcaps, will not require serialization.
Sec. 1707: Imposing a 10% Pittman-Robertson excise tax on the manufacture of each new suppressor, a tax that is currently imposed on all Title I firearms