Bill > S09482

This bill imposes an excise tax on the sale of ammunition in New York, with the revenue going to a newly established "Gun Violence Impact Fund." The fund will be used to provide grants to victims of gun violence and their immediate family members for expenses such as medical, funeral, and mental health costs. The bill also authorizes the Director of the Office of Victim Services to administer these grants. The tax rates will be reviewed and adjusted annually to account for inflation, and the provisions of the state's sales tax law will apply to the administration and collection of this new ammunition tax.