Establishes a fund to reduce violence and firearm injuries by imposing a 4.75% surcharge on ammunition and firearms sales.
This bill creates the Violence Reduction and Firearm Injury Prevention Trust Fund by imposing a 4.75% surcharge on the sale of ammunition, rifles, shotguns, firearms, and related parts. The surcharge applies to both retail sales and the storage, use, or consumption of these items within Massachusetts. Revenues from the surcharge, along with penalties, forfeitures, interest, and fines, will be credited to the fund.
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