Prevent Family Fire Act of 2023

12/15/2023, 3:57 PM

Prevent Family Fire Act of 2023

This bill allows through 2030 a new tax credit equal to 10% of amounts received from the first retail sale of a safe firearm storage device, not to exceed $400 per device.

The bill defines safe firearm storage device as a device that is designed and marketed to deny unauthorized access to, or render inoperable, a firearm or ammunition, and is secured by a combination lock, key lock, or lock based on biometric information.

Bill 118 HR 2770, also known as the Prevent Family Fire Act of 2023, aims to address the issue of accidental shootings in households by promoting safe storage of firearms. The bill requires gun owners to securely store their firearms when not in use to prevent unauthorized access, particularly by children and individuals who may pose a risk to themselves or others.

Under the Prevent Family Fire Act, gun owners must use a secure storage device such as a lockbox, safe, or trigger lock to prevent unauthorized access to firearms. Failure to comply with the storage requirements could result in penalties, including fines or imprisonment.

The bill also includes provisions for education and outreach programs to raise awareness about the importance of safe firearm storage practices. These programs would be aimed at gun owners, parents, and caregivers to ensure they understand the risks associated with unsecured firearms in the home. Overall, the Prevent Family Fire Act of 2023 seeks to reduce the number of accidental shootings in households by promoting responsible firearm storage practices. By requiring gun owners to securely store their firearms and providing education on the importance of safe storage, the bill aims to prevent tragedies and keep families safe.
Congress
118

Number
HR - 2770

Introduced on
2023-04-20

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

4/20/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Prevent Family Fire Act of 2023

This bill allows through 2030 a new tax credit equal to 10% of amounts received from the first retail sale of a safe firearm storage device, not to exceed $400 per device.

The bill defines safe firearm storage device as a device that is designed and marketed to deny unauthorized access to, or render inoperable, a firearm or ammunition, and is secured by a combination lock, key lock, or lock based on biometric information.

Bill 118 HR 2770, also known as the Prevent Family Fire Act of 2023, aims to address the issue of accidental shootings in households by promoting safe storage of firearms. The bill requires gun owners to securely store their firearms when not in use to prevent unauthorized access, particularly by children and individuals who may pose a risk to themselves or others.

Under the Prevent Family Fire Act, gun owners must use a secure storage device such as a lockbox, safe, or trigger lock to prevent unauthorized access to firearms. Failure to comply with the storage requirements could result in penalties, including fines or imprisonment.

The bill also includes provisions for education and outreach programs to raise awareness about the importance of safe firearm storage practices. These programs would be aimed at gun owners, parents, and caregivers to ensure they understand the risks associated with unsecured firearms in the home. Overall, the Prevent Family Fire Act of 2023 seeks to reduce the number of accidental shootings in households by promoting responsible firearm storage practices. By requiring gun owners to securely store their firearms and providing education on the importance of safe storage, the bill aims to prevent tragedies and keep families safe.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to allow for a credit against tax for sales at retail of safe firearm storage devices.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary5/4/2023

Prevent Family Fire Act of 2023

This bill allows through 2030 a new tax credit equal to 10% of amounts received from the first retail sale of a safe firearm storage device, not to exceed $400 per device.

The bill...


Latest Action4/20/2023
Referred to the House Committee on Ways and Means.