Starting July 1, an excise tax on guns and ammunition is part of a new law that will fund gun violence intervention programs.The new law will charge an 11% excise tax on firearms and ammunition. It’s one of several laws signed by Governor Gavin Newsom aimed at addressing gun violence.
The money collected from AB 28 will be deposited into the Gun Violence Prevention and School Safety Fund which will cover several gun violence prevention programs including research, response and education.
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