Senate Bill 12 proposes a sales and use tax exemption specifically for the sale of gun safes in Wisconsin. The bill amends existing statutes, specifically sections 77.52 and 77.53, to include the new exemption under section 77.54 (75). This addition clarifies that the sales price from the sale and the storage, use, or consumption of gun safes designed for gun storage will not be subject to sales tax, while excluding other items like locking gun cabinets and racks from this exemption.

The bill also modifies the language in sections 77.52 and 77.53 to include the new exemption in the list of items that do not require a certificate for tax exemption. The effective date of the act is set for the first day of the third month following its publication. This legislation aims to promote the purchase of gun safes, potentially enhancing gun safety measures within the state.

Statutes affected:
Bill Text: 77.52(13), 77.52, 77.53(10), 77.53