Bill Would Exempt Out of State Gun Buys From Sales Tax - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Bill Would Exempt Out of State Gun Buys From Sales Tax

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A group of Nevada Republicans are bringing forward a bill changing sales tax requirements on gun sales.

Republican Assemblywoman Jill Dickman is sponsoring Assembly Bill 316 which is scheduled for a hearing Thursday in the Assembly Taxation Committee.

Dickman said the bill would change current tax policy requiring gun sellers to levy sales taxes on out-of-state firearms sales. Current law requires out-of-state sales on firearms to be shipped to federally licensed dealers before a sale.

The bill would require individuals to submit a separate tax form if they buy a firearm which Dickman said is fairer to the state's gun dealers.

The state's taxation department estimates the change could cost around $1.3 million in lost sales tax every year. Dickman said the difference would be made up through individual tax forms.  (AP)

To read more about bills in this session, click here.
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