HR 169 · 119th Congress · Taxation

Prevent Family Fire Act of 2025

Introduced 2025-01-03· Sponsored by Rep. Levin, Mike [D-CA-49]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2025-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] 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.  …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

5 Democrats5 Republicans