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Bill > S08415
NY S08415
NY S08415Imposes 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.
summary
Introduced
02/28/2022
02/28/2022
In Committee
02/28/2022
02/28/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to an excise tax on the sale of ammunition; and to amend the state finance law, in relation to creating a firearm violence intervention fund
AI Summary
This bill imposes an excise tax on the sale of ammunition, with a 5% tax on ammunition with .22 caliber or less projectiles and a 10% tax on all other ammunition. The revenue collected from this tax will be deposited into the newly created Firearm Violence Intervention Fund, which will be used to fund community-based and hospital-based violence intervention programs that provide counseling, case management, and social services to individuals recovering from or witnessing acts of violence.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
PRINT NUMBER 8415A (on 06/02/2022)
Official Document
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