House Oversight chair unveils legislation to hold the firearm industry accountable

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

House Oversight Cmte. Chairwoman Carolyn Maloney introduces two pieces of legislation that would hold the firearm industry accountable for selling 'weapons of war' to civilians.

Rep. Carolyn Maloney at a House hearing on July 27 on the practices and profits of gun manufacturers.WASHINGTON — House Oversight Committee Chairwoman Carolyn Maloney, D-N.Y., introduced two pieces of legislation Friday that would hold the firearm industry accountable for selling"weapons of war" to civilians., would impose a 20% tax on the total revenue earned by manufacturers who produce assault weapons and high-capacity magazines.

After several mass shootings this year, including in Buffalo, New York; Uvalde, Texas; and Highland Park, Illinois, the committeeand sought information from the companies about their selling and marketing of AR-15-style semi-automatic rifles and similar firearms. With the midterm elections only about two months and a half away, it’s unclear if the legislative proposals will receive a floor vote in the House or the 50-50 Senate.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What do they not understand about the saying “shall not be infringed upon “ Time for judicial watch to be doing some more heavy lifting. If you haven’t watched any of their videos on Facebook or on Twitter you should do it keep in mind they delete anything they don’t like..

I defy anyone in your 'news' room to define 'weapons of war'.

What are weapons of peace?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines