Bill > A01089

This bill imposes an excise tax on the sale of ammunition, with the revenue from the tax deposited into a newly established "Gun Violence Impact Fund." The bill authorizes the Director of the Office of Victim Services to administer grants from the fund to provide financial assistance to victims of gun violence and their immediate family members for various expenses, such as medical or funeral costs, and access to mental health resources. The tax rates will be reviewed and adjusted periodically to maintain a consistent effect relative to inflation. The bill also outlines the administration and collection of the tax, as well as the management and use of the Gun Violence Impact Fund.