YOU NEED TO ACT NOW BEFORE IT IS TOO LATE!!! - CA AB28

Published on June 3, 2024
Duration: 10:17

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.

Quick Summary

California's AB28 imposes an 11% excise tax on firearms and ammunition, effective July 1st. This tax will increase prices for consumers and impact retailers. To avoid the tax, complete firearm purchases before July 1st. Legal challenges are being organized by the CRPA and Second Amendment Foundation, seeking plaintiffs.

Chapters

  1. 00:00Introduction to CA AB28 Tax
  2. 00:11Effective Date and Impact
  3. 00:45Purpose of the Tax
  4. 01:11Tax Rate and Scope
  5. 01:30Sponsor Message & Compliance Product
  6. 02:42AB28 Tax Details
  7. 03:01Action for Consumers: Purchase Before July 1st
  8. 03:25How the Excise Tax Works
  9. 03:53Retailer Margins and Impact
  10. 04:46Retailer Profitability
  11. 05:06Online Sales and Compliance Uncertainty
  12. 06:11Why No Lawsuit Yet?
  13. 06:29How to Fight AB28: CRPA & SAF
  14. 06:43Seeking Plaintiffs (FFLs & Individuals)
  15. 07:06The Requirement to Pay Tax First
  16. 07:42CRPA's Legal Strategy
  17. 08:17How to Support the Cause
  18. 09:10Final Advice: Act Before July 1st
  19. 09:35Foreseen Business Closures
  20. 10:00Consumer Purchasing Habits
  21. 10:13Conclusion

Frequently Asked Questions

What is California Assembly Bill 28 (AB28)?

California AB28 is a new law that imposes an 11% excise tax on all firearms, ammunition, and firearm precursor parts sold within the state. This tax is set to go into effect on July 1st and is expected to significantly increase the cost for consumers and impact retailers.

When does the 11% excise tax from CA AB28 take effect?

The 11% excise tax mandated by California's AB28 is scheduled to take effect on July 1st. Any firearm purchases picked up on or after this date will be subject to the increased tax.

How can California residents avoid the new 11% gun and ammo tax?

To avoid the 11% excise tax from CA AB28, California residents should complete the background check process and finalize their firearm purchase before July 1st. Picking up the firearm on or after July 1st will incur the additional tax.

Who is organizing legal challenges against California's AB28 excise tax?

The California Rifle and Pistol Association (CRPA), in conjunction with the Second Amendment Foundation, is organizing legal challenges against AB28. They are actively seeking both FFLs and individual plaintiffs to establish standing for lawsuits.

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