TW022 - NFA definitions
National Firearms Act of 1934 (NFA)
Legislation started after attempted assassination of President Franklin D. Roosevelt in 1933
Attempt to reduce prohibition-era gang violence
Requires registration and taxation of certain firearms
Silencers
Short Barreled Shotguns (SBS)
Short Barreled Rifles (SBR)
Machine Guns
Any Other Weapons (AOW)
Destructive Devices
Silencer
Any device for silencing, muffling, or diminishing the report of a portable firearm
INCLUDES - Any parts designed and intended for use in making a silencer
Short Barreled Shotgun
Any shotgun with a barrel length less than 18” or an overall length less than 26”
Short Barreled Rifle
Any rifle with a barrel length less than 16” or an overall length less than 26”
Machine Gun
A firearm which is designed to shoot more than one shot with a single function of the trigger
INCLUDES - any part which is designed and intended solely and exclusively for use in converting a weapon into a machine gun
Any Other Weapon
A firearm, other than a handgun with a rifled barrel, capable of being concealed (26” overall length or less)
A handgun with a smooth bore designed to fire a shotgun shell
Improvised and disguised firearms
Destructive Device
Any explosive or projectile with more than a ¼ ounce charge
A firearm with a bore of more than one-half inch in diameter
Exceptions - shotguns and shotgun shells recognized by ATF for sporting purposes
NFA Taxes
Manufacturing and/or transferring NFA firearms require the payment of a tax
Silencer, SBS, SBR, Machine Gun, DD: $200 (since 1934)
$3,000 in today’s money
AOW: $5
Special Occupational Taxpayers can pay a tax once per year for all NFA firearms
$1,000 or $500 depending on size and type of business
Classes of SOT:
Class 1 - Importer of NFA firearms
Requires Type 8 or 11 FFL
Class 2 - Manufacturer of NFA firearms
Requires Type 7 or 10 FFL
Class 3 - Dealer in NFA Firearms
Requires Type 1 or 2 FFL