Retail Sales and Use Tax; definitions, imposes firearm and ammunition tax.

Retail sales and use tax; firearm and ammunition tax. Imposes a firearm and ammunition tax equal to 11 percent of the gross receipts from the sale and distribution of any firearm or ammunition by a firearms or ammunition manufacturer, as such terms are defined in the bill. The bill provides that proceeds from such tax shall be distributed to the general fund with the intent that such proceeds are used for gun violence prevention efforts and community safety in the Commonwealth. The bill contains a delayed effective date of July 1, 2027.