New York A01290 imposes an excise tax on ammunition sales to fund gun violence impact grants.

New York A01290 introduces an excise tax on the sale of ammunition, with rates set at two cents per projectile for.22 caliber or less ammunition and 15 cents per projectile for other types. The tax revenue will be deposited into the newly established gun violence impact fund. This fund will be used to award grants to full-time state residents who were victims of gun violence within the state, excluding those responsible for their own injuries or their immediate family members.

New York A01290 imposes an excise tax on ammunition sales to fund gun violence impact grants.

New York A01290 introduces an excise tax on the sale of ammunition, with rates set at two cents per projectile for.22 caliber or less ammunition and 15 cents per projectile for other types. The tax revenue will be deposited into the newly established gun violence impact fund. This fund will be used to award grants to full-time state residents who were victims of gun violence within the state, excluding those responsible for their own injuries or their immediate family members.