Title: Establishes a Statewide Firearm Buyback Program
Vote Smart's Synopsis:
Vote to pass a bill that requires the attorney general to establish a statewide firearm buyback program.
Highlights:
Establishes a “statewide gun buyback program” authorizing an individual to anonymously and voluntarily surrender firearms in their possession (Sec. 1).
Requires an individual to be given a reward for each firearm they surrender in a buyback program, with a value to be determined by the attorney general (Sec. 1).
Requires the attorney general to hold 9 buyback events each year in the following locations (Sec. 1):
3 buyback events in northern New Jersey;
3 buyback events in central New Jersey;
3 buyback events in southern New Jersey.
Requires at least 1 buyback event in each region to be held in an urban area with a high crime rate, as determined by the Uniform Crime Report (Sec. 1).
Requires the buyback program to be funded from the following sources (Sec. 1):
From state forfeiture funds;
From private donations; and
From any other funds available to the attorney general.
Requires the attorney general to partner with local law enforcement agencies and community organizations to coordinate the buyback program events (Sec. 1).
Authorizes an individual or corporation that makes a donation to the buyback program to claim a tax credit equal to 25 percent of their contribution, to be used in that tax year (Secs. 2 & 3).