Bill > A06024

This bill imposes a new excise tax on ammunition sales in New York, with different tax rates depending on the type of ammunition: a 5% tax on .22 caliber or smaller ammunition, and a 10% tax on all other ammunition. The tax revenue will be deposited into a newly created "firearm violence intervention fund" and will be used exclusively to support community-based and hospital-based violence intervention programs. These programs are defined as nonprofit or hospital-affiliated initiatives that provide intensive counseling, case management, and social services to individuals recovering from violent injuries or who have witnessed acts of violence. The tax rates will be reviewed annually and adjusted for inflation, and the fund will be administered jointly by the state comptroller and commissioner of taxation and finance. The bill specifies that the tax will be collected and administered similarly to existing sales tax regulations, with the new tax taking effect on the first day of the quarterly sales tax period following 90 days after becoming law. The goal of the bill appears to be to generate dedicated funding for violence prevention and support services while creating a targeted financial mechanism to address the impacts of firearm-related violence.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A6024