HB 5095 Summary

• Imposes a 10% excise tax on the sale of ammunition in Michigan, with the tax collected from manufacturers (if in-state), wholesalers, or purchasers depending on where the ammunition is manufactured and sold.

• Tax administration is assigned to the state treasurer, using procedures similar to the use tax act, with authority to create necessary forms and rules.

• Proceeds from the excise tax are deposited into the state treasury and credited to the crime victim's rights fund established under 1989 PA 196.

• Sellers may pass the excise tax cost to purchasers by adding it to the sale price, and must provide purchasers with a certificate confirming the tax has been or will be paid.

• Defines key terms including "firearm" (per Michigan Penal Code), "unit of ammunition" (any projectile usable in a firearm), and "wholesaler" (person making sales for resale).