Imposes an excise tax on the sale of ammunition to be deposited into the gun violence impact fund; establishes the gun violence impact fund; authorizes the director of the office of victim services to administer grants from the gun violence impact fund.
Summary
Bill S06395 proposes the imposition of an excise tax on the retail sale of ammunition in New York. The tax rates are set at two cents per projectile for .22 caliber or less ammunition and five cents per projectile for all other types. The revenue generated from this tax will be directed into a newly established Gun Violence Impact Fund, which will be used to provide grants for victims of gun violence and their families. The bill also outlines the administrative framework for the collection of this tax and the management of the fund.
Impact
The implementation of this bill will modify existing tax law by adding a new article specifically for the taxation of ammunition sales. It will also create a dedicated fund aimed at addressing the impacts of gun violence, thereby potentially influencing how state resources are allocated towards victim support services. This could lead to increased financial assistance for victims of gun violence and their families, while also establishing a new revenue stream for the state.
Sentiment
The sentiment surrounding Bill S06395 appears to be mixed, with supporters highlighting the need for funding to assist victims of gun violence, while opponents may raise concerns about the implications of taxing ammunition and its potential effects on gun ownership rights. The lack of recorded votes or committee discussions may indicate that the bill is still in the early stages of consideration, with varying opinions yet to be fully expressed in a legislative context.
Contention
Notable points of contention may arise from the imposition of the excise tax, particularly among gun rights advocates who may view this as an infringement on their rights. Additionally, there could be debate regarding the effectiveness of the fund in actually reducing gun violence and whether the tax burden on ammunition sales is justified. Stakeholders such as gun owners, victims' advocacy groups, and lawmakers may hold differing views on these issues.
Same As
Imposes an excise tax on the sale of ammunition to be deposited into the gun violence impact fund; establishes the gun violence impact fund; authorizes the director of the office of victim services to administer grants from the gun violence impact fund.
Imposes an excise tax on the sale of ammunition to be deposited into the gun violence impact fund; establishes the gun violence impact fund; authorizes the director of the office of victim services to administer grants from the gun violence impact fund.
Imposes an excise tax on the sale of ammunition to be deposited into the gun violence impact fund; establishes the gun violence impact fund; authorizes the director of the office of victim services to administer grants from the gun violence impact fund.
Imposes an excise tax on the sale of ammunition to be deposited into the firearm violence intervention fund to help victims of and witnesses to violence.
Imposes an excise tax on the sale of ammunition to be deposited into the firearm violence intervention fund to help victims of and witnesses to violence.
Imposes an excise tax on the sale of ammunition to be deposited into the firearm violence intervention fund to help victims of and witnesses to violence.
Imposes an excise tax on the gross receipts of the sales of firearms, major components of firearms and ammunition; establishes the gun violence prevention and school safety fund.
To establish the Ohio Economic Task Force on Gun Violence and Violent Crimes to study the impact of gun violence and other violent crimes on Ohio businesses.
Relating to the imposition of a sales tax on ammunition, firearms, and firearm accessories to provide funding for the family violence program in the Health and Human Services Commission.
Imposes an excise tax on the gross receipts of the sales of firearms, major components of firearms and ammunition; establishes the gun violence prevention and school safety fund.