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Old January 19, 2013, 05:15 PM   #5
FrankenMauser
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Join Date: August 25, 2008
Location: 1B ID
Posts: 6,855
Quote:
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:
Code:
(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:
Code:
(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 
            grip.
(G) A semiautomatic pistol with a fixed magazine 
     that has the capacity to accept more than 10 rounds.

Of course, shotguns were not forgotten:
Code:
(H) A semiautomatic shotgun that has--
     ``(i) a folding or telescoping stock,
     ``(ii) a pistol grip,
     ``(iii) the ability to accept a detachable 
              magazine, or
     ``(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....




Quote:
(I) A shotgun with a revolving cylinder.
The Circuit Judge is now worth $2,000 !


Check it out for yourself, here: HR 226
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