Medicare Investment and Gun Violence Prevention Act

This legislation aims to reinstate federal taxes on the transfer and making of certain firearms, effectively reversing prior amendments that eliminated these levies under the National Firearms Act. It establishes a $200 tax rate for each firearm transferred or made, while setting a lower $5 rate for transfers of firearms classified as "any other weapon." These changes will apply to calendar quarters beginning more than 90 days after the bill's enactment. A primary objective of the bill is to bolster the Medicare Part A trust fund by directing the revenue generated from these reinstated firearm taxes. Specifically, it appropriates an additional $1.7 billion to the Federal Hospital Insurance Trust Fund for fiscal year 2026, ensuring these funds remain available until expended to support Medicare services.