Rep. Ashley Hinson, R-Iowa, and Sen. Tom Cotton, R-Ark., are introducing a bill that would remove a tax on the purchase and transfer of firearms, Breitbart reported Tuesday.

The Repealing Illegal Freedom and Liberty Act would abolish a $200 tax on the purchase and transfer of firearms that was implemented under the 1934 National Firearms Act.

Cotton and Hinson first introduced the legislation last year.

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