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BTLG Table of Contents > Firearm, Ammunition, and Firearm Precursor Part Excise Tax > Chapter 5 > Section 36041

Firearm, Ammunition, and Firearm Precursor Part Excise Tax

Revenue and Taxation Code

Division 2. Other Taxes
Part 16. Firearm, Ammunition, and Firearm Precursor Part Excise Tax

Chapter 5. Disposition of Proceeds1

Section 36041

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36041. Disposition of proceeds. All amounts required to be paid pursuant to Section 36011 shall be paid to the department in the form of remittances payable to the department, and those revenues, net of refunds, and costs of administration, shall be deposited in the Gun Violence Prevention and School Safety Fund, established pursuant to Section 36005.

History—Added by Stats. 2023, Ch. 231 (AB 28), in effect January 1, 2024.

1Note.—SEC. 10. of Stats. 2023, Ch. 231 (AB 28), effective January 1, 2024, states, (a) The Director of Finance shall transfer, as a loan, two million four hundred thousand dollars ($2,400,000) from the General Fund to the California Department of Tax and Fee Administration to implement Part 16 (commencing with Section 36001) of Division 2 of the Revenue and Taxation Code.

(b) Any loan made pursuant to this section shall be repaid with taxes collected pursuant to Section 36011 of the Revenue and Taxation Code and prior to making any expenditures or appropriations pursuant to Section 36005 of the Revenue and Taxation Code.