Bill

Bill > H2771


MA H2771

MA H2771
Establishing an excise tax on guns and ammunition


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to establish an excise tax on guns and ammunition. Revenue.

AI Summary

This bill establishes an excise tax of 36% on the wholesale value of firearms and ammunition sold in the Commonwealth of Massachusetts. The revenue from this tax will be credited to the newly created Public Health and Safety Fund, which will be used to fund gun buy-back programs, community-based public health interventions and research to prevent gun violence, and services for gun violence survivors and victims' family members. The bill also requires licensed firearms and ammunition sellers to file monthly returns with the Commissioner of Revenue, and imposes a $1,000 penalty for failure to file such returns.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4725 (on 06/17/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H2771
BillText https://malegislature.gov/Bills/193/H2771.pdf
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