A01290 Imposes an excise tax on the sale of ammunition to be deposited into the gun violence impact fund; establishes the gun violence impact fund; authorizes the director of the office of victim services to administer grants from the gun violence impact fund.

↓Restricts gun access model confidence 80%

Imposes a new excise tax on retail ammunition sales (2-5 cents per projectile, inflation-adjusted) with all net revenue dedicated to a gun violence impact fund for victim grants, increasing the financial burden specifically on ammunition sellers and buyers.

There is hereby levied and imposed an excise tax on the retail sale of ammunition at the following rates: (a) Ammunition that contains a single projectile that measures .22 caliber or less sold at retail shall be taxed at a rate of two cents per projectile. (b) All other ammunition other than that specified in paragraph (a) of this subdivision and sold at retail shall be taxed at a rate of five cents per projectile.

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↓Restricts gun access model confidence 70%

Creates a dedicated gun violence impact fund financed by the new ammunition tax to pay grants for medical, funeral, mental health and other expenses of gunshot victims and their families (with exclusions for those responsible for the injury), providing new state financial support tied to gun-related

Moneys of the gun violence impact fund shall be used solely to award grants, according to the rules and regulations of the director of the office of victim services, to or on behalf of qualifying recipients as provided in subdivision twenty-four of section six hundred twenty-three of the executive law.

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