H.R.226: A $2000 tax credit? Holy cow! Look what's eligible...Cheap Hi Point and Kel Tec carbines and TEC-9 clones! I could snap a few of those up on the cheap and profit.
If you read the "catch all" sections, it goes beyond that.
Any semi-auto firearm capable of using detachable magazines is eligible, if it includes any of the following features:
(i) a folding or telescoping stock,
(ii) a threaded barrel,
(iii) a pistol grip,
(iv) a forward grip, or
(v) a barrel shroud.
So, a 10/22 with a barrel shroud is eligible.
A Marlin 785 or model 70 with a pistol grip or folding stock is eligible.
A Browning BAR with a BOSS is eligible.
A Remington 597 with a folding stock is eligible.
And, the list goes on, and on....
There are quite a few ways to take a $75 (or cheaper) rifle, add a $25-50 accessory, and turn it into a $2,000 tax credit.
The "assault handgun" catch-all is even better:
(F) A semiautomatic pistol that has the ability
to accept a detachable magazine, and has--
``(i) a second pistol grip,
``(ii) a threaded barrel,
``(iii) a barrel shroud, or
``(iv) the capacity to accept a detachable
magazine at a location outside of the pistol
(G) A semiautomatic pistol with a fixed magazine
that has the capacity to accept more than 10 rounds.
Of course, shotguns were not forgotten:
(H) A semiautomatic shotgun that has--
``(i) a folding or telescoping stock,
``(ii) a pistol grip,
``(iii) the ability to accept a detachable
``(iv) a fixed magazine capacity of more
than 5 rounds.
But, the best is "catch-all" is right here:
Wait for it....
Wait for it....
(I) A shotgun with a revolving cylinder.
The Circuit Judge
is now worth $2,000 !
Check it out for yourself, here: HR 226