Maryland HB197 establishes an excise tax on gross receipts from firearm, firearm accessory, and ammunition sales, with revenue directed to various.

Maryland HB197, the Comprehensive Community Safety Funding Act, imposes an excise tax on the gross receipts of federally licensed firearms dealers from retail sales of firearms, firearm accessories, and ammunition within the state. The tax rate is set at 11%. The revenue generated from this tax will be distributed to several funds, including the Maryland Violence Intervention and Prevention Program Fund, the Center for Firearm Violence Prevention and Intervention, Coordinated Community Supports, the Maryland Trauma Physician Services Fund, and the Adam Cowley Shock Trauma Center at the.

Maryland HB197 establishes an excise tax on gross receipts from firearm, firearm accessory, and ammunition sales, with revenue directed to various.

Maryland HB197, the Comprehensive Community Safety Funding Act, imposes an excise tax on the gross receipts of federally licensed firearms dealers from retail sales of firearms, firearm accessories, and ammunition within the state. The tax rate is set at 11%. The revenue generated from this tax will be distributed to several funds, including the Maryland Violence Intervention and Prevention Program Fund, the Center for Firearm Violence Prevention and Intervention, Coordinated Community Supports, the Maryland Trauma Physician Services Fund, and the Adam Cowley Shock Trauma Center at the.