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Bill > A08260
NY A08260
NY A08260Imposes an excise tax on the gross receipts of the sales of firearms, major components of firearms and ammunition; establishes the gun violence prevention and school safety fund.
summary
Introduced
11/15/2023
11/15/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law and the penal law, in relation to an excise tax on the sale of firearms and ammunition; and to amend the state finance law, in relation to creating a gun violence prevention and school safety fund
AI Summary
This bill imposes an 11% excise tax on the gross receipts of the retail sales of firearms, major components of firearms, and ammunition by licensed firearms dealers, firearms manufacturers, and ammunition sellers. The bill establishes a Gun Violence Prevention and School Safety Fund to support various initiatives related to school safety, firearm relinquishment, victims of gun violence, and research and education on gun violence prevention. The bill also requires the Division of State Police to provide a list of licensed firearms dealers, manufacturers, and ammunition sellers to the Department of Taxation and Finance for the purpose of administering the excise tax.
Committee Categories
Budget and Finance
Sponsors (24)
John Zaccaro (D)*,
Juan Ardila (D),
Jeffrion Aubry (D),
Harry Bronson (D),
William Colton (D),
Catalina Cruz (D),
Maritza Davila (D),
Harvey Epstein (D),
Eddie Gibbs (D),
Deborah Glick (D),
Jessica González-Rojas (D),
Alicia Hyndman (D),
Charles Lavine (D),
Nikki Lucas (D),
Marcela Mitaynes (D),
Steven Raga (D),
Karines Reyes (D),
Rebecca Seawright (D),
Maryjane Shimsky (D),
Gina Sillitti (D),
Jo Anne Simon (D),
Tony Simone (D),
Al Taylor (D),
Monica Wallace (D),
Last Action
referred to ways and means (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A8260 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A08260&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A08260 |
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