U.S. Senators Mike Crapo (R-Idaho) and Max Baucus (D-Mont.), Co-Chairs of the Congressional Sportsmen’s Caucus, have introduced legislation to change the way federal excise taxes on firearms and ammunition are collected from businesses, including ATK.

Supporters of the legislation, including national sporting and firearms advocacy groups, say the legislation could provide more money for state wildlife preservation programs by easing restrictions surrounding the collection of the excise taxes. Crapo says federal law requires manufacturers of sporting arms and ammunition to pay excise taxes into the Pittman-Robertson Wildlife Restoration Fund.

US Senator Mike Crapo (R-Idaho) comments

The Crapo-Baucus legislation amends the Internal Revenue Code of 1986 to require quarterly, not bi-weekly, tax payments.

Crapo continues

Supporters of the legislation include Ducks Unlimited, the National Rifle Association, and the Congressional Sportsmen’s Foundation. Similar legislation has been introduced in the U.S. House of Representatives.