Institute for Legal, Legislative and Educational Action
This legislation would institute a tax credit for the retail sales of certain firearm storage devices. This has the potential for building a firearm registry 'and' government oversight of firearm safety issues through the FTC.
Title: Prevent Family Fire Act of 2019
Subject: Taxation: Firearms and explosives: Government information and archives: Income tax credits: Retail and wholesale trades
Description: Allows a new business-related tax credit 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. This credit terminates after December 31, 2026.
Session: 116th Congress
Last Action: Sponsor introductory remarks on measure. (CR H8707)
Last Action Date: October 31, 2019
Link: https://www.congress.gov/bill/116th-congress/house-bill/4926/all-info
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
26 sponsors: Mike Levin (D); Rodney Davis (R); Brendan Boyle (D); Elise Stefanik (R); Kim Schrier (D); Michael Turner (R); Don Beyer (D); Anthony Gonzalez (R); Brian Fitzpatrick (R); Susan Wild (D); David Joyce (R); Jerry McNerney (D); Pete Stauber (R); David McKinley (R); Don Bacon (R); Katie Porter (D); Christopher Smith (R); Daniel Kildee (D); Rebecca Sherrill (D); Vicente Gonzalez (D); Suzanne Lee (D); Gil Cisneros (D); Angela Craig (D); Debbie Wasserman Schultz (D); Joyce Beatty (D); C.A. Ruppersberger (D)
Chamber | Date | Action |
House | Oct 31 2019 | Sponsor introductory remarks on measure. (CR H8707) |
House | Oct 30 2019 | Introduced in House |
House | Oct 30 2019 | Referred to the House Committee on Ways and Means. |
Type | Date | Federal Link | Text |
Introduced | Nov 6 2019 | federal bill text | bill text |
Title | Description | Date | State Link | Text | Adopted |
There are no amendments to this bill at this time |
Chamber:
Committee Name:
There have not been any votes on this bill