Illinois Lawmakers Propose Bill to Tax Riles and High Capacity Magazines in State Borders

A new bill was recently proposed in the Illinois state capital that would control gun violence throughout the state with a new tax. The Assault Weapon Retailers Tax Act, also known as Senate Bill 2468 calls for a 10% sales tax on assault weapons and magazines with more than ten rounds of ammunition. The proposed bill specifies assault weapons as guns that accept large capacity ammunition feeding devices. Officials say every gun potentially could be labeled assault weapons under the proposed bill because almost every gun out there will have the capability to hold more than 10 rounds. Some lawmakers think the tax could cause a rise in private purchases, but other officials believe those who own guns are going to pay the tax eventually. The revenue will be put into a Firearms Tax Fund to increase programs that prevent gun violence in state-owned facilities and schools.

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