To amend the Internal Revenue Code of 1986 to allow for a credit against tax for sales at retail of safe firearm storage devices.
Prevent Family Fire Act of 2022
This bill allows a new business-related tax credit, through 2030, for 10% of the amount of the first retail sale of a safe firearm storage device. The amount upon which the credit is based may not exceed $400.
A safe firearm storage device is a device that (1) is designed and marketed to deny unauthorized access to, or rendering inoperable, a firearm or ammunition; and (2) is secured by a combination lock, key lock, or lock based on biometric information.
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Received in the Senate.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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