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H.R. 4926

Prevent Family Fire Act of 2019

Prevent Family Fire Act of 2019

This bill 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.

Sponsor introductory remarks on measure. (CR H8707)

Rep. Levin, Mike [D-CA-49](D-CA)Sponsor
25 cosponsors15 D10 R
25cosponsors1committees4actions4subjects
  1. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR H8707)

  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Prevent Family Fire Act of 2019 — Informed