NY A05199

Bill

Imposes 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.

Introduced
03/03/2023

In Committee
01/03/2024

Crossed Over

Passed

Dead
12/31/2024

Introduced Session

2023-2024 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 rate on ammunition containing a single projectile of .22 caliber or less, and a 10% tax rate on all other ammunition. The revenue collected from this tax will be deposited into a newly created Firearm Violence Intervention Fund, which will be used solely for community-based and hospital-based violence intervention programs. The bill also includes provisions for the administration and collection of the tax, as well as annual reviews and adjustments to maintain the tax's impact relative to inflation.

Committee Categories

Budget and Finance

Sponsors (20)

Patricia Fahy (D)*, Kenny Burgos (D), Robert Carroll (D), Taylor Darling (D), Maritza Davila (D), Manny De Los Santos (D), Jeffrey Dinowitz (D), Harvey Epstein (D), Jessica González-Rojas (D), Chantel Jackson (D), Kimberly Jean-Pierre (D), Steven Raga (D), Linda Rosenthal (D), Rebecca Seawright (D), Maryjane Shimsky (D), Gina Sillitti (D), Jo Anne Simon (D), Phara Souffrant Forrest (D), Fred Thiele (D), Ken Zebrowski (D),

Last Action

referred to ways and means (on 01/03/2024)

Official Document

https://www.nysenate.gov/legislation/bills/2023/A5199

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2023/A5199
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A05199&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05199

Bill	Bill Name	Last Action	Type
A09563	Imposes 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.	print number 9563a	Reintroduced
S00270	Imposes 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.	REFERRED TO BUDGET AND REVENUE	Same As

Bill > A05199

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (20)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary