H.R. 9353 would exempt qualified religious institutions from federal excise tax on investment income
Federal bill HR 9353 — status: in committee
Official title: To amend the Internal Revenue Code of 1986 to exempt qualified religious institutions from the excise tax on investment income.
What it does
H.R. 9353 would amend the Internal Revenue Code to exempt qualified religious institutions from the federal excise tax on investment income. The bill was introduced in the House and referred to the House Committee on Ways and Means on June 18, 2026. No further action has been recorded.
Industry impact
This measure is a federal tax-code change that does not alter firearms regulation, licensing, or transfer rules. For the vast majority of firearms businesses (FFL retailers, manufacturers, and NFA/SOT holders) there would be no direct operational impact. A limited number of firearm-related entities that are organized and recognized as qualified religious institutions could see a change in how investment income is taxed, which would affect their tax filings but not sales, transfers, or licensing requirements.
Latest official status: Referred to the House Committee on Ways and Means.
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