Firearm Industry Surpasses $17 Billion in Pittman-Robertson Excise Tax Contributions for Conservation

Firearm Industry Surpasses $17 Billion in Pittman-Robertson Excise Tax Contributions for Conservation
WASHINGTON, D.C. — NSSF®, The Firearm Industry Trade Association, celebrates firearm and ammunition manufacturers topping $17 billion in excise tax contributions to the Wildlife Restoration Trust Fund since its inception in 1937. When adjusted for inflation, the total is more than $27.38 billion. The latest Firearms and Ammunition Excise Tax (FAET) Collection report released by the Department of the Treasury, covering the 4th Quarter Calendar Year 2023, indicates that firearm and ammunition manufacturers contributed more than $222 million.
“The entire firearm and ammunition industry celebrates this milestone that demonstrates our commitment to wildlife conservation for all Americans,” said NSSF President and CEO Joe Bartozzi. “The firearm and ammunition industry knows the conservation of wildlife and the habitats in which they thrive are invaluable. They are critical to future generations taking part in hunting and the recreational shooting sports traditions and learning about their vital importance. This manufacturing industry, which produces firearms and ammunition for law-abiding citizens, also produces the funding upon which our wildlife depends and is vital for future generations to enjoy.”
The firearm and ammunition industry added $1 billion in conservation tax contributions in just one year. NSSF announced Firearm and Ammunition Excise Tax (FAET) contributions have totaled more than $1 billion annually for the past three years. Read more









