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Bill > A01290


NY A01290

NY A01290
Imposes an excise tax on the sale of ammunition to be deposited into the gun violence impact fund; establishes the gun violence impact fund; authorizes the director of the office of victim services to administer grants from the gun violence impact fund.


summary

Introduced
01/09/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to imposing an excise tax on the sale of ammunition; to amend the state finance law, in relation to establishing the gun violence impact fund; and to amend the executive law, in relation to authorizing the director of the office of victim services to administer grants from the gun violence impact fund

AI Summary

This bill establishes a new excise tax on ammunition sales in New York State and creates a Gun Violence Impact Fund to support victims of gun violence. The tax will be imposed at two different rates: two cents per projectile for .22 caliber or smaller ammunition, and five cents per projectile for all other ammunition. The tax revenue will be deposited into a new Gun Violence Impact Fund, which will be administered by the director of the Office of Victim Services. The fund will provide grants to qualified recipients, defined as full-time state residents who have been injured by gunshots or their immediate family members. These grants can cover medical expenses, funeral costs, mental health resources, and other expenses as determined by the director. There are specific restrictions on grant eligibility, including prohibitions on awarding grants to individuals responsible for their own injuries or to recipients whose family members were responsible for the injury. Grants cannot duplicate insurance or third-party reimbursements, and the availability of funding will determine grant awards. The tax rates will be reviewed annually and adjusted for inflation, and the administrative provisions for collecting the tax will be similar to those used for other sales taxes in New York State. The bill will take effect on the first day of the quarterly sales tax period following 90 days after becoming law.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

referred to ways and means (on 01/07/2026)

bill text


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