Illinois 2023-2024 Regular Session

Illinois Senate Bill SB3956

Introduced
5/21/24  

Caption

FIREARM SAFETY REBATE FUND

Impact

This bill amends existing tax laws to create the Firearm Safety Rebate Fund in the state treasury and reestablishes tax regulations related to the use and occupation of firearm safety devices. The rebates are intended to encourage consumers to purchase these devices, enhancing overall firearm safety in the state. It aligns with broader state initiatives aimed at promoting responsible gun ownership through economic incentives.

Summary

SB3956 establishes the Firearm Safety Rebate Program, which is to be administered by the Department of Commerce and Economic Opportunity. The program is designed to provide tax rebates to consumers who purchase firearm safety devices, with purchases that occur on or after January 1, 2025. The rebate amount corresponds to the taxes paid under several specified acts, capped at $300 per device. The legislation sets the framework for consumers to apply for these rebates through a defined form and process established by the Department.

Contention

While supporters argue that the rebate program will promote the purchase of firearm safety devices and hence contribute to public safety, concerns have been raised regarding the potential financial implications for the state treasury and the administrative burden on the Department managing the rebate applications. Critics also point out that the focus on rebates could detract from more comprehensive gun control measures that address safety in a broader context.

Companion Bills

No companion bills found.

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