What is the effective date of the repeal of NFA taxes (if not of the NFA itself?
SEC. 70436. REDUCTION OF TRANSFER AND MANUFACTURING TAXES FOR CERTAIN DEVICES.
TRANSFER TAX.–Section 5811(a) is amended to read as follows:
”(a) RATE.–There shall be levied, collected, and paid on firearms transferred a tax at the rate of–
”(1) $200 for each firearm transferred in the case of a machinegun or a destructive device, and
”(2) $0 for any firearm transferred which is not described in paragraph (1).”.
1 455 (b) MAKING TAX.–Section 5821(a) is amended to read as follows:
”(a) RATE.–There shall be