summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish an excise tax on guns and ammunition. Revenue.
AI Summary
This bill establishes an excise tax of 36% on the wholesale value of firearms and ammunition sold in Massachusetts. The revenue from this tax will be credited to a newly created Public Health and Safety Fund, which will be used to fund gun buyback programs, community-based violence prevention initiatives, and services for survivors of gun violence. The bill also requires firearm and ammunition dealers to file monthly sales reports with the Commissioner of Revenue, and imposes a $1,000 penalty for failure to file these reports. Finally, the bill directs the Commissioner of Revenue to promulgate regulations necessary for the implementation of the act.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a study order, see H5043 (on 08/29/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H2874 |
| Bill | https://malegislature.gov/Bills/192/H2874.pdf |
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