Will Bill 962 lead to higher ammunition prices

[jink122]

From what i know the simple answer is YES. It states in the bill that there will be a charge of $.005 on each bullet that is sold. This is not factoring the costs the stores may possibly charge. It also eliminates online purchasing which means i cant get 1000 rounds of reloads at rmammo for $175.

NSSF has estimated that AB 962 would cost California at least $2.92 million annually in lost sales taxes and $629,000 in increased operating costs for state agencies. Lost retail sales in California were estimated at $35.7 million. These estimates followed the recent release of a study by the Governor's own Office of Small Business Advocate that shows over regulation of small businesses in California costs the state an estimated $492 billion, almost five times the state's general fund budget, and almost a third of the state's gross product. The Small Business Advocate study also found that California's regulatory burdens costs an average of $134,122 per California business, $13,801 per household and $4,685 per resident each year. Small businesses are 98 percent of the state's enterprises and provide 52 percent of the jobs.

Anyone care to take a guess or bring up their estimates on the percentage increase on ammunition costs?

[Table Rock Arms]

Sounds like there is going to be a challenge to the bill so it might not go into effect at all.

The problem is that nobody knows what it is gonna take to sell handgun ammo. If its as simple as just keeping a record of you buying it then the price shouldn't go up much. Problem is you most likely will not be buying it from Walmart as they might just stop selling it all together. And buying from the store is usually more expensive than ordering online. I was thinking that someone might be able to become an ammunition vendor (whatever that means) and do transfers for people at a small charge. I would love to know whats gonna happen as I am in the process of getting a 07 FFL and I plan on manufacturing some ammo.

[Librarian]

From what i know the simple answer is YES. It states in the bill that there will be a charge of $.005 on each bullet that is sold.

Would you please quote from the law the part that imposes the charge?

I missed it just now.

Since the law creates a more limited market, I would expect the price of ammunition to increase.

[stitchnicklas]

thats why it is good to get your 03ffl and a coe now,they exempt you from the mail order provisions

[jink122]

Would you please quote from the law the part that imposes the charge?

I missed it just now.

Since the law creates a more limited market, I would expect the price of ammunition to increase.

Sorry, my facts got jumbled, that was based off a different bill 3245 section 7(a)

SECTION 7.

(a) The cost of establishing and maintaining the ACSD shall be funded by an end*user fee. Vendors shall charge an additional one half cent ($.005) per bullet or round of ammunition to the purchaser.

Source:

http://www.dailypaul.com/node/43192

[Librarian]

Sorry, my facts got jumbled, that was based off a different bill 3245 section 7(a)

SECTION 7.

(a) The cost of establishing and maintaining the ACSD shall be funded by an end*user fee. Vendors shall charge an additional one half cent ($.005) per bullet or round of ammunition to the purchaser.

Source:
http://www.dailypaul.com/node/43192

Thanks - that one is Tennessee, this time; we've had that proposal, or similar ones, in CA before. There does not seem to be an active bill in CA with that intent just at the moment, but as we well know, that could change.

[dieselcarpenter]

Buddy of mine was just at Cableas Reno today,

They say they are going to cease all mailorder to California. Could just be hearsay but I woudnlt doubt its crossing their minds.

I think youll see Wal-Mart get completely out of the ammo business as well.

Is there goign to be anny challenge to this law or did it die or are we waiting untill after mcdonald?

Feb 1 2011 is fast approaching, order up!

[chuckdc]

Do bears crap in the woods?

That is pretty much the whole point of the exercise.. limit supply and cause prices to rise, to drive more people away from shooting through what amounts to economic sanctions against the industry.

[PaperPuncher]

Less competition will lead to higher prices. This goes without saying. We will pay more for ammo come this time next year, guaranteed. I would venture a guess but it would be meaningless at this point. But just for fun my prediction is double what you pay now for ammo on-line. There is the automatic 10% increase just from tax alone so I do not think I will end up being that far off. I would however venture another guess that if you can afford to make 1 or 2 bulk ammo purchases a year it will cost you less to drive to Nevada on those occasions and buy what you want out of state that it will to go to your local retailer each time you want to replenish your supply. With the added bonus of giving your tax dollars to a state that supports your hobby.

[winnre]

.005 is HALF a cent not 5 cents.