Bill > S05476

This bill imposes an excise tax on the sale of ammunition, with the revenue deposited into a new "Gun Violence Impact Fund." The bill establishes this fund and authorizes the Director of the Office of Victim Services to administer grants from the fund to assist victims of gun violence and their immediate family members with medical, funeral, mental health, and other related expenses. The tax rates would be reviewed and adjusted annually to account for inflation. The provisions of the bill would take effect on the first day of the quarterly sales tax period following 90 days after it becomes law.