Assembly Bill A8260

2023-2024 Legislative Session

Relates to imposing an excise tax on firearms and ammunition

download bill text pdf

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Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A8260 (ACTIVE) - Details

See Senate Version of this Bill:
S7733
Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Add Art 19-A §§460 - 468, Tax L; add §400.04, Pen L; add §99-rr, St Fin L

2023-A8260 (ACTIVE) - Summary

Imposes 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.

2023-A8260 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8260
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             November 15, 2023
                                ___________
 
 Introduced  by M. of A. ZACCARO -- read once and referred to the Commit-
   tee on Ways and Means
 
 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

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The tax law is amended by adding a new article 19-A to read
 as follows:
                                ARTICLE 19-A
                   EXCISE TAX ON FIREARMS AND AMMUNITION
 SECTION 460. DEFINITIONS.
         461. IMPOSITION OF TAX.
         462. REGISTRATION AND RENEWAL.
         463. RETURNS AND PAYMENT OF TAX.
         464. RECORDS TO BE KEPT; PENALTIES.
         465. RETURNS TO BE SECRET.
         466. ADMINISTRATIVE PROVISIONS.
         467. ENFORCEMENT.
         468. DEPOSIT AND DISPOSITION OF REVENUE.
   § 460. DEFINITIONS. FOR PURPOSES OF THIS ARTICLE, THE FOLLOWING  DEFI-
 NITIONS SHALL APPLY:
   (A) THE FOLLOWING TERMS SHALL HAVE THE SAME MEANING AS THOSE TERMS ARE
 DEFINED IN ARTICLES TWO HUNDRED SIXTY-FIVE AND FOUR HUNDRED OF THE PENAL
 LAW:  "SELLER OF AMMUNITION", "FIREARM", "DEALER IN FIREARMS" AND "MAJOR
 COMPONENT OF A FIREARM".
   (B) "FIREARMS MANUFACTURER" MEANS ANY ENTITY LICENSED  TO  MANUFACTURE
 FIREARMS  PURSUANT  TO CHAPTER 44 (COMMENCING WITH SECTION 921) OF TITLE
 18 OF THE UNITED STATES CODE THAT  ENGAGES  IN  ANY  RETAIL  SALE  OF  A
 FIREARM OR MAJOR COMPONENT OF A FIREARM TO A CONSUMER IN NEW YORK.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13329-03-3
              

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