Proposed Bill No. 5114, introduced in the General Assembly, seeks to amend current statutes to introduce an eleven percent excise tax on the purchase of ammunition by businesses for retail sale. The revenue generated from this tax is intended to be allocated specifically to fund grants through the community gun violence intervention and prevention program. This program is established under section 19a-112i of the general statutes and operates with the advice of the Commission on Community Gun Violence Intervention and Prevention, as per section 19a-112j of the general statutes.
The purpose of this bill is to create a new source of funding for community-based efforts to reduce gun violence. By levying an excise tax on ammunition sales, the bill aims to support initiatives that intervene in and prevent gun violence within communities. The bill does not mention any deletions from the current law, focusing solely on the insertion of the new tax provision and the dedication of its proceeds to the specified programs.