Bill > S3112

Introduced Session

This bill requires the Attorney General to establish a Statewide gun buyback program that allows citizens of this State to voluntarily and anonymously surrender firearms and weapons in their possession in exchange for a reward. The form and amount of the reward, such as cash or debit card, is to be determined by the Attorney General. Under the Statewide gun buyback program, the Attorney General is required to hold at least three gun buyback programs a year throughout the State. The bill requires one gun buyback program to be held in the northern region, one program to be held in the central region, and one program to be held in the southern region of the State, and provides that of those three programs at least one is to be held in an urban area with a high crime rate as determined by the most recent issue of the Uniform Crime Report published by the Department of Law and Public Safety. The bill directs the Attorney General to partner with local law enforcement agencies and community organizations in coordinating gun buyback events when possible. The bill provides for the gun buyback program to be funded by: forfeiture funds received by the Attorney General as instrumentalities of crime; private donations from corporations, small businesses, and individuals; and any other monies that may be available to the Attorney General. The bill allows a corporation business tax credit and gross income tax credit for private donations to the program, equal to 25 percent of the fair market value of the taxpayers qualified contribution to the gun buyback program, not to exceed a cumulative total of $2 million in any calendar year, and upon approval of the taxpayer's application by the Director of the Division of Taxation in the Department of the Treasury and the Attorney General. The bill provides for the tax credits to become available for privilege periods and taxable years beginning on or after the January 1 next following the date of enactment.

Committee Categories

Nilsa Cruz-Perez (D)*, 

Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 04/15/2024)

Official Document