Imposes an excise tax on the sale of ammunition to fund violence intervention programs.
New York A06024 imposes an excise tax on the sale of ammunition. The tax is levied at a rate of five percent on ammunition with a single projectile measuring.22 caliber or less, and ten percent on all other ammunition. The revenue from this tax is to be deposited into the firearm violence intervention fund. This fund is intended to support community-based and hospital-based violence intervention programs, which provide intensive counseling, case management, and social services to individuals recovering from injuries due to violence or who were witnesses to violent acts.
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