Vermont H0418 proposes an excise tax on the sale of firearms and ammunition, with revenues directed to the Domestic and Sexual Violence Special Fund.

Vermont H0418 introduces an excise tax on licensed firearm dealers and ammunition vendors, equal to 11 percent of gross receipts from retail sales of firearms, firearm precursor parts, or ammunition. The tax is separate from the general sales tax and is collected at the time of a background check. Revenues from this tax will be deposited in the Domestic and Sexual Violence Special Fund, managed by the Center for Crime Victim Services, and used for grants to the Vermont Network against Domestic and Sexual Violence. The bill exempts transfers to law enforcement agencies, the U.S.

Vermont H0418 proposes an excise tax on the sale of firearms and ammunition, with revenues directed to the Domestic and Sexual Violence Special Fund.

Vermont H0418 introduces an excise tax on licensed firearm dealers and ammunition vendors, equal to 11 percent of gross receipts from retail sales of firearms, firearm precursor parts, or ammunition. The tax is separate from the general sales tax and is collected at the time of a background check. Revenues from this tax will be deposited in the Domestic and Sexual Violence Special Fund, managed by the Center for Crime Victim Services, and used for grants to the Vermont Network against Domestic and Sexual Violence. The bill exempts transfers to law enforcement agencies, the U.S.