Gun Violence Prevention and Safe Communities Act of 2023

Gun Violence Prevention and Safe Communities Act of 2023

This bill increases by .5% the excise tax on firearms, including pistols, revolvers, and shells and cartridges. The bill establishes the Gun Violence Prevention Trust Fund into which the increased tax revenues are deposited to fund gun violence prevention programs. The Trust Fund creates separate accounts for violence prevention, gun violence research, hate crimes data collection and enforcement, and firearm forensics.

The bill also requires an inflation adjustment to the amount of the special tax on importers, manufacturers, and dealers in firearms and the transfer tax on firearms.

Bill 118 hr 4283, also known as the Gun Violence Prevention and Safe Communities Act of 2023, is a piece of legislation introduced in the US Congress with the aim of addressing gun violence and promoting safer communities. The bill proposes several measures to achieve these goals.

One key provision of the bill is the imposition of a new excise tax on firearms and ammunition. This tax would be levied at a rate of 20% on the sale of firearms and 50% on the sale of ammunition. The revenue generated from this tax would be used to fund various gun violence prevention programs and initiatives.

Additionally, the bill seeks to strengthen background checks for gun purchases by requiring all individuals to undergo a background check before purchasing a firearm, including at gun shows and online. This measure is intended to prevent individuals who may pose a risk to public safety from obtaining firearms. Furthermore, the Gun Violence Prevention and Safe Communities Act of 2023 includes provisions to enhance enforcement of existing gun laws, such as cracking down on illegal gun trafficking and straw purchasing. The bill also aims to improve access to mental health services for individuals at risk of committing gun violence. Overall, the bill is designed to address the issue of gun violence in the United States through a combination of measures aimed at reducing access to firearms by individuals who may pose a threat to public safety, funding prevention programs, and strengthening enforcement of existing gun laws.