Bill

Bill > AB1223


CA AB1223

CA AB1223
Firearms and ammunition: excise tax.


summary

Introduced
02/19/2021
In Committee
05/20/2021
Crossed Over
Passed
Dead
02/01/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

An act to add Part 16 (commencing with Section 36001) to Division 2 of the Revenue and Taxation Code, relating to firearms, and declaring the urgency thereof, to take effect immediately.

AI Summary

This bill, the Gun Violence Prevention, Healing, and Recovery Act, would impose a 10% excise tax on the sales price of handguns and an 11% excise tax on the sales price of long guns, rifles, firearm precursor parts, and ammunition, starting July 1, 2023 and subject to an appropriation. The revenues collected would be deposited into the newly established Gun Violence Prevention, Healing, and Recovery Fund, which would be used to fund gun violence prevention programs, education, and research upon appropriation by the Legislature. The bill would also exempt sales to peace officers and law enforcement agencies from the tax. The bill is intended to address the public health crisis of gun violence in California by generating funding to mitigate the human, mental health, and economic harms caused by firearms, ammunition, and firearm precursor parts.

Committee Categories

Budget and Finance, Justice

Sponsors (16)

Last Action

Died on third reading file. (on 02/01/2022)

bill text


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