You’ll immediately have to pay more for guns and ammo in California, due to a new laws.
Starting July 1, Assembly Bill 28 requires producers, suppliers and retailers to give an 11 % taxes on firearms and ammunition to fund crime reduction efforts.
It’s one of several , fresh rules focused on gun control, including limiting , concealed weapons , in common and requiring financial organizations to monitor weapons income.
What should I know about the new gun tax law?
What is the operation of the new California law?
Assembly Bill 28 — also known as the , Gun Violence Prevention and School Safety Act — , imposes an excise tax of 11 % of the gross receipts from retail sales of firearms, firearm precursor parts and ammunition.
In addition to the 10 % to 11 % federal excise tax that sellers of weapons and ammunition already pay to support wildlife conservation efforts, they are required to pay the new state tax.
Assemblyman Jesse Gabriel, D- Woodland Hills, authored the bill after , other lawmakers tried and failed , to push similar taxes on guns and ammunition through the Legislature.
Gov. Gavin Newsom signed the , first- of- its- kind legislation , into law in September 2023.
What happens to tax money?
The Gun Violence Prevention and School Safety Fund will receive money from the new gun tax.
Money in that fund must be “used to fund various gun violence prevention, education, research, response, and investigation programs, as specified”, according to AB 28.
In particular, the money will go toward funding grants and programs funded by the California Violence Intervention and Prevention Board of State and Community Corrections.
According to the law, some of the funds could be used to assist the California Department of Education in addressing gun violence and school safety. That might include school initiatives and security improvements.
Funds may also be used to support programs like those aimed at preventing gun violence, victims of gun violence, and information on gun safety.
Is n’t there already a gun tax?
There’s been a 10 % to 11 % federal excise tax on the sale of firearms and ammunition by manufacturers, producers and importers since 1919.
Revenues from this tax have been used to “fund wildlife conservation efforts that remediate the effects of game hunting on wildlife populations,” according to AB 28.
Tax revenues have also been used to pay for” conservation- related research, technical assistance, hunter safety and hunter development”, the law said.
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