Proposed Bill No. 5114, introduced in the February Session, 2024, aims to amend the general 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 dedicated to funding grants through the community gun violence intervention and prevention program, as established by section 19a-112i of the general statutes. The allocation of these funds would be advised by 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 programs that work towards gun violence intervention and prevention. By levying an excise tax on ammunition sales at retail businesses, the bill seeks to financially support initiatives that address community gun violence, thereby potentially reducing gun-related incidents and promoting public safety.