Senate Bill 12 proposes a sales and use tax exemption specifically for the sale of gun safes in Wisconsin. The bill amends existing statutes to include gun safes as exempt items under the sales tax regulations. Specifically, it modifies sections 77.52 and 77.53 to add gun safes to the list of items that do not require a certificate for tax exemption, thereby easing the burden on sellers to prove that these sales are not taxable. Additionally, a new section, 77.54 (75), is created to define the exemption, clarifying that it applies only to gun safes designed for the storage of guns, excluding other storage items like locking cabinets and racks.

The bill is part of a broader legislative effort, cosponsored by multiple senators and representatives, to promote gun safety by making it more affordable for individuals to purchase gun safes. The proposed changes are intended to encourage responsible gun ownership and storage practices while also addressing tax implications for consumers and retailers. The act is set to take effect on the first day of the third month following its publication.

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