Vista Outdoor communities received more than $252 million in federal conservation funding during the federal fiscal year 2017. The funding was made available under the Federal Aid in Wildlife Restoration Act (the “Pittman-Robertson Act”).
The Pittman-Robertson Act was enacted by the United States Congress in 1937. The purpose of the Act was to reverse dwindling wildlife numbers, expand habitat, and ensure the continued growth and longevity of hunting and the shooting sports. Since 1937, more than $11 billion has helped to rebuild the population of numerous species and extend their ranges farther than they were in the 1930s.
On June 13, 2017, Secretary of the Interior Ryan Zinke distributed $1.1 billion from the Pittman-Robertson Wildlife Restoration Trust Fund to state fish and game agencies. States with a Vista Outdoor presence accounted for 23% of the funding, while many Vista Outdoor customers are located in 100% of the recipient states. The funding will be used by state fish and game agencies for the purposes of supporting conservation efforts, hunter’s education, and shooting projects and programs.
For the past two years, Vista Outdoor has been the largest contributor to the industry-wide conservation effort. During Vista Outdoor fiscal year 2017, $87 million in federal excise taxes were paid into the Pittman-Robertson Wildlife Restoration Fund. These funds were generated on sales of firearms, ammunition and archery gear from Vista Outdoor brands including Federal Premium, CCI, Speer, Savage, Stevens, Gold Tip and Bee Stinger.