Date	Chamber	Action
1/10/2023	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

30 ILCS 105/5.935 new

Synopsis As Introduced
Creates the Assault Weapon Retailers' Tax Act. Imposes a tax on licensed firearm dealers engaged in the State in the business of making retail sales of assault weapons, large capacity ammunition feeding devices, or both. Provides that the tax shall be imposed at the rate of 10% of the retail selling price of each assault weapon or large capacity ammunition feeding device sold in the State. Provides that the proceeds from the tax shall be deposited into the Firearms Tax Fund. Provides that moneys in the Firearms Tax Fund shall be used to prevent gun violence in schools and State-owned buildings. Amends the State Finance Act to create the Firearms Tax Fund.

Actions 

Date	Chamber	Action
2/26/2021	Senate	Filed with Secretary by Sen. Ann Gillespie
2/26/2021	Senate	First Reading
2/26/2021	Senate	Referred to Assignments
3/23/2021	Senate	Assigned to Executive
3/24/2021	Senate	To Executive- Firearms
4/16/2021	Senate	Rule 3-9(a) / Re-referred to Assignments
1/10/2023	Senate	Session Sine Die

Back To Top