The bill would amend the Internal Revenue Code to exempt specified less-than-lethal projectile devices, listed devices, and qualifying shells or cartridges from the firearms and ammunition tax. Covered devices would need to meet limits concerning ammunition compatibility, projectile velocity, intended use, and feeding devices. The Secretary would decide classification requests within 90 days, publish and annually update device lists, and submit an annual report to Congress. The amendments would generally apply to articles sold after enactment, with a special rule for requests received during the first 180 days, and would also exclude covered devices from the National Firearms Act definition of firearm.

FactVote-generated overview; it is not an official CRS summary.