Ways and Means Committee
- Referred To
Introduced: Jan 3, 2025
Latest action date: Jan 3, 2025
Latest development
Referred to the House Committee on Ways and Means.
Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
Prevent Family Fire Act of 2025
This bill establishes a new business tax credit on the sale of a safe firearm storage device on or before December 31, 2032.
The amount of the tax credit is 10% of the retail sales price (up to a maximum price of $400 and excluding separately stated sales tax) of a safe firearm storage device. The tax credit is allowed only on the first retail sale of a safe firearm storage device for a use other than resale or long-term lease.
The bill defines safe firearm storage device as a device that is (1) designed and marketed to deny unauthorized access to a firearm or ammunition or render such items inoperable; and (2) is secured by a combination lock, key lock, or lock based on biometric information.
Civixly topics
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Official CRS policy area
Taxation
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Checked against Congress.gov Sep 15, 2026.
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Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
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