NJ A6303

Requires all firearm manufacturers to obtain an annual "Responsibility in Firearms Sales" license from the Superintendent of State Police before manufacturing or selling firearms at wholesale in New Jersey

Sets the total annual aggregate license fee at an amount equal to estimated public health costs from firearm injuries, capped at $866 million in the first year, with subsequent annual increases tied to the consumer price index

Distributes individual manufacturer fees based on market share, with adjustments possible based on the proportion of firearms recovered in connection with firearm injuries linked to specific manufacturers

Prohibits retail dealers from selling firearms unless the manufacturer holds a valid license; manufacturers face penalties up to $1 million per month for violations, while retailers face up to $10,000 per violation

Creates the RIFS Fund administered by the Victims of Crime Compensation Office to compensate firearm victims for direct costs including medical treatment, mental health care, lost wages, funeral expenses, and legal services for up to three years (or longer for permanent disability)