ARIZONA HOUSE OF REPRESENTATIVES

Fifty-sixth Legislature

First Regular Session

HB 2185: TPT; exemption; firearm storage devices

Sponsor: Representative Longdon, LD 5

Committee on Judiciary

Overview

Exempts safe firearm storage devices from Transaction Privilege Tax (TPT) and use tax.

History

TPT is a tax imposed on vendors who do business in Arizona. The TPT retail classification is comprised of the business of selling tangible person property at retail. The tax base for the retail classification is the gross proceeds of sales or gross income derived from the business. Many items are exempted from TPT retail classification (A.R.S. § 42-5061).

Use tax is a self-assessed tax on the use, storage or consumption of taxable tangible personal property in Arizona upon which a threshold amount of tax was not collected. Many of the same items exempted from the TPT retail classification are exempted from use tax (A.R.S. § 42-5159).

Provisions

1. Exempts safe firearm storage devices from applicable TPT and use tax. (Sec. 1, 2)

2. Defines safe firearm storage devices as devices that are both:

a) Designed and marketed for the principal purpose of denying authorized access to, or rendering inoperable, a firearm or ammunition; and

b) Secured by combination lock, key lock or lock based on biometric information that, once locked, is incapable of being opened without the combination, key or biometric information, respectively.

3. Specifies that safe firearm storage devices do not include either of the following:

a) Any device that is incorporated to any extent into the design of a firearm or of ammunition; or

b) Any device that, as of the date of the sale of the safe firearm storage device, has been subject to a mandatory recall by the United States Consumer Product Safety Commission, or its successor commission. (Sec. 1, 2)

4. Makes a technical change. (Sec. 1)

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