The NRA is on the move. That’s big news out of the National Rifle Association’s main headquarters this month.
The longest standing civil rights organization and gun advocacy group is making a few changes. While the anti-gun media seems to be celebrating this as some sort of defeat for the organization, the group’s leadership is telling its members not to fret.
So, what’s really going on? Let’s take a look.
The Bankruptcy Filing
The NRA is declaring Chapter 11 bankruptcy in order to begin their move to Texas. After 150 years in New York City as their headquarters, this is a smart decision on the NRA’s part. The board of directors and a special litigation committee have been working on this filing for months now.
This is one of the biggest moves that the NRA has made in recent years. It came in response to the attorney general of New York, Leticia James, filing a petition in the courts to disband the organization. She feels that the NRA has misused its charitable funding with most of the money going to members that are higher ups in the organization for their own personal use.
In a statement, the NRA said it wants to “escape a corrupt political and regulatory environment in New York.” Anyone who has lived in the Empire State can probably sympathize. New York City isn’t only hostile to the Second Amendment, but also to private businesses as a whole. At the height of the pandemic restrictions, scores of businesses relocated to states like Texas and Florida, where tax and regulatory burdens are much lower.
The bankruptcy is just a way to make costs more efficient in their move to Texas in the next few months. Technically, their office headquarters are in Fairfax, Virginia, but the NRA has been registered as a not-for-profit organization in NYC since 1871.
Moving to the Lone Star State on Paper Only
Texas has decided to welcome the NRA with open arms. The state enjoys a pro-Second Amendment reputation, and for good reason.
Texas Governor Greg Abbott tweeted, “Welcome to Texas-a state that safeguards the Second Amendment.” The NRA probably won’t move any of their physical offices to Texas because it’s just a legal maneuver on paper only.
It will certainly help their case against the attorney general. The bankruptcy filing allows all legal proceedings to be stopped for the moment. Eventually they will have to fight it out in a Texas court instead of a New York one. Since the NRA isn’t truly in any real financial trouble, the whole bankruptcy thing might be a moot point since the courts could throw it out anyway.
The NRA’s Membership Numbers
The NRA is probably seeing an uptick in membership after a record setting year for gun sales and new gun owners buying firearms in the wake of the pandemic and an election year. They estimate there are at least 5 million members on their roster currently. If you aren’t a member yet, you might consider joining now. Luckily you don’t have to worry about their bankruptcy filing meaning that they’ll go away anytime soon. The NRA is here to stay.