#NFALoophole

The silencer market between pending legislation, the election, and new companies coming to the forefront is as volatile as the stock market. People are unsure whether to “BUY, BUY, BUY” or “WAIT, WAIT, WAIT.”

We have heard very little about the Hearing Protection Act (H.R. 3799) since it was introduced into Congress last October. For those that missed its initial media buzz, what the Hearing Protection Act would effectively do is eliminate the $200 Tax Stamp required for silencers and change the way you purchase them. Instead of going through a trust process or a long NFA background check, silencers would fall under the same category as traditional firearms requiring only a Federal NICS check. This would make silencers a lot more desirable for those who have not bought them yet.