Here is what I found online-
$200 excise‑style NFA tax dropped to $0 for specific items:
Suppressors (silencers)
Short‑barreled rifles (SBRs)
Short‑barreled shotguns (SBSs)
Any Other Weapons (AOWs)
Machine guns and destructive devices remain taxed at $200
NFA regulation remains intact:
Registration (Forms 1 & 4)
Fingerprints
Background checks
ATF oversight
So while the tax is gone, the regulatory and time barriers are not.
Look for an implementation of a "filing fee" or something similar that isn't a "tax"- ask Colorado DMV how to do that one.
Also, the tax on the remaining items will jump, probably about 10x, to cover the missing revenue.
Of course the usual suspects- Brady, Anytown, Giffords- will all be filing lawsuits in blue states to get a friendly judge.
Another thing- look for the same legislation to be proposed in Democrat majority states, written by Everytown lawyers, to end the nightmare of "Silent Deaths".
Watch for state-level tax, mental health screening, waiting periods, registries and outright bans.
Guaranteed that dumb fucker Tom Sullivan will try to push one through next session.