California Revenue and Taxation Code

§ 36011

RTC § 36011 Effective Jan 1, 2024Div. 2 · Part 16 · Ch. 2

Statute text

Commencing July 1, 2024, an excise tax is hereby imposed upon licensed firearms dealers, firearms manufacturers, and ammunition vendors, at the rate of 11 percent of the gross receipts from the retail sale in this state of any firearm, firearm precursor part, or ammunition.

Legislative history

Added by Stats. 2023, Ch. 231, Sec. 7. (AB 28) Effective January 1, 2024.