Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
CARSON CITY, Nev. (AP) — A group of Nevada Republicans are bringing forward a bill changing sales tax requirements on gun sales.
Republican Assemblywoman Jill Dickman is sponsoring AB 316 which is scheduled for a hearing Thursday in the Assembly Taxation Committee.
Dickman said the bill would change current tax policy requiring gun sellers to levy sales taxes on out-of-state firearms sales. Current law requires out-of-state sales on firearms to be shipped to federally licensed dealers before a sale.
The bill would require individuals to submit a separate tax form if they buy a firearm which Dickman said is fairer to the state's gun dealers.
The state's taxation department estimates the change could cost around $1.3 million in lost sales tax every year. Dickman said the difference would be made up through individual tax forms.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.