California Assembly Bill 28 imposes an 11% excise tax on firearms and ammunition, effective July 1st. This tax is expected to significantly increase prices for consumers and impact retailers. Legal challenges are being organized by the California Rifle and Pistol Association (CRPA) and the Second Amendment Foundation, seeking plaintiffs, particularly FFLs, to contest the tax. Consumers are advised to complete firearm purchases before July 1st to avoid the increased cost.
This video discusses proposed legislation in Tennessee concerning firearm and ammunition sales tax. HB 2854 aims to permanently exempt firearms and ammunition from sales tax, building on existing exemptions for gun safes. It contrasts with HB 2193, a proposed 15% tax on gun sales to fund school counselors, which the sponsor suggests could be withdrawn if certain gun control measures are passed.
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