S. 1541 — Introduced in Senate

II 115th CONGRESS 1st Session S. 1541 IN THE SENATE OF THE UNITED STATES July 12, 2017Mr. 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. 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. 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,.