SHORT Act

Subsection (a) of section 5845 of the Internal Revenue Code of 1986 is amended to read as follows:

The term firearm means—

(A) a machinegun,

(B) any silencer (as defined in section 921 of title 18, United States Code), and

(C) a destructive device.

The term firearm shall not include an antique firearm or any device (other than a machinegun or destructive device) which, although designed as a weapon, the Secretary finds by reason of the date of its manufacture, value, design, and other characteristics is primarily a collector's item and is not likely to be used as a weapon.

Section 5845(f) of the Internal Revenue Code of 1986 is amended by striking except a shotgun or shotgun shell which the Secretary finds is generally recognized as particularly suitable for sporting purposes and inserting except shotgun shells and any weapon that is designed to shoot shotgun shells.

Section 5811(a) of the Internal Revenue Code of 1986 is amended by striking, except, the transfer tax on any firearm classified as any other weapon under section 5845(e) shall be at the rate of $5 for each such firearm transferred.

The amendment made by this section shall apply to calendar quarters beginning after the 90-day period that starts on the date of the enactment of this Act.

(1) in subsection (a)(4)—

(A) by striking, machinegun and inserting or machinegun; and

(B) by striking short-barreled shotgun, or short-barreled rifle,; and

(2) in subsection (b)(4)—

(A) by striking, machinegun and inserting or machinegun; and

(B) by striking short-barreled shotgun, or short-barreled rifle,.

In the case of any registration or licensing requirement under State or local law with respect to a short-barreled rifle, short-barreled shotgun, or any other weapon (as defined in section 5845(e)) which is determined by reference to the National Firearms Act, any person who acquires or possesses such rifle, shotgun, or other weapon in accordance with chapter 44 of title 18, United States Code, shall be treated as meeting any such registration or licensing requirement with respect to such rifle, shotgun, or other weapon.

(1) by striking No provision and inserting the following:

No provision.

(1) ; and

(2) by adding at the end the following:

Notwithstanding subsection (a), a law of a State or a political subdivision of a State that imposes a tax, other than a generally applicable sales or use tax, on making, transferring, using, possessing, or transporting a short-barreled rifle or short-barreled shotgun in or affecting interstate or foreign commerce, or imposes a marking, recordkeeping, or registration requirement with respect to such a rifle or shotgun, shall have no force or effect.

Not later than 365 days after the date of the enactment of this Act, the Attorney General shall destroy—

(1) any registration of an applicable weapon maintained in the National Firearms Registration and Transfer Record pursuant to section 5841 of the Internal Revenue Code of 1986,

(2) any application to transfer filed under section 5812 of such Code that identifies the transferee of an applicable weapon, and

(3) any application to make filed under section 5822 of such Code that identifies the maker of an applicable weapon.

For purposes of this section, the term applicable weapon means—

(1) a rifle, or weapon made from a rifle, described in paragraph (3) or (4) of section 5845(a) of the Internal Revenue Code of 1986 (as in effect on the day before the enactment of this Act),

(2) any shotgun—

(A) described in paragraph (1) or (2) of section 5845(a) of the Internal Revenue Code of 1986 (as in effect on the day before the enactment of this Act), or

(B) treated as destructive device under 5845(f) of such Code (as in effect on the day before the enactment of this Act) and not so treated under such section as in effect immediately after such date, and

(3) any other weapon, as defined in section 5845(e) of such Code.