Ban on State Excise Taxes for Firearms and Ammunition
This bill aims to prohibit states and their local subdivisions from levying new excise taxes on the sale of firearms, ammunition, and their components by manufacturers and dealers. This means the cost of purchasing these items might be lower for citizens, as states would be prevented from adding their own fees to the price. The legislation does not affect existing federal taxes used for wildlife restoration (Pittman-Robertson Act).
Key points
States and local governments are prohibited from imposing or collecting excise taxes on the sale of firearms, ammunition, or their parts.
The prohibition applies to sales made by manufacturers and dealers that affect interstate or foreign commerce.
The law potentially reduces the cost of firearms and ammunition for citizens by eliminating additional state-level fees.
The bill explicitly does not alter the existing Pittman-Robertson Wildlife Restoration Act.
Expired
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