To amend the Internal Revenue Code of 1986 to allow for a credit against tax for sales at retail of safe firearm storage devices.

Bill 119 HR 169, also known as the Safe Gun Storage Tax Credit Act, aims to amend the Internal Revenue Code of 1986 to provide a tax credit for the sales of safe firearm storage devices. The bill proposes to offer a credit against tax for retailers who sell these devices, which are designed to securely store firearms and prevent unauthorized access.

The purpose of this legislation is to incentivize the use of safe firearm storage devices, ultimately promoting responsible gun ownership and reducing the risk of accidents or misuse of firearms. By offering a tax credit to retailers, the bill seeks to make these devices more accessible and affordable for gun owners.

If passed, the Safe Gun Storage Tax Credit Act would have implications for both retailers and consumers in the firearms industry. Retailers would be able to benefit from a tax credit for selling safe storage devices, while consumers would have greater access to these products at a potentially lower cost. Overall, this bill addresses the important issue of gun safety and responsible firearm ownership by encouraging the use of safe storage devices. It will be interesting to see how this legislation progresses through Congress and what impact it may have on the firearms industry and public safety.