Tax Changes for Less-Lethal Weapons
Official: Innovate Less Lethal to De-Escalate Tax Modernization Act
This bill updates tax laws to eliminate taxes on specific less-than-lethal weapons, making them more accessible and reflecting advancements in technology.
1. This bill removes taxes on certain less-than-lethal projectile devices. 2. It defines what qualifies as a less-than-lethal projectile device. 3. The bill requires the government to review and update a list of these devices annually. 4. Manufacturers can request a classification for their devices to see if they qualify. 5. The goal is to modernize the tax code to reflect new technologies.
Manufacturers and consumers of less-than-lethal weapons, like police departments and security firms, will be directly affected.