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Harold, as long as the overall length of the rifle with the stock extended is at least 26" (your setup should be longer than this for sure) you are clear of NFA territory with the collapsible stock. Any barrel or barrel with permanently attached (pinned and welded) muzzle device with a length of less than 16" is regulated under the NFA and will need a tax stamp. Here's a short summary on the ATF site: https://www.atf.gov/firearms/qa/which-firearms-are-regulated-under-nfa
Harold, you are correct. A minimum of a 16" Barrel requires no Tax Stamp or NFA Registration with this stock. Any barrel less than 16" with this or any other Shoulder Stock would require the $200 Tax Stamp and NFA Registration as an SBR. Details here : atf.gov/firearms/qa/which-firearms-are-regulated-under-nfa
Harold - actually, you are correct as far as the 16" barrel. You got things reversed though when you were talking about the barrel swap. First you need the tax stamp, THEN you can legally build your Short Barrel Rifle .. not the other way around. If you build before you get your tax stamp, you're illegal.