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Bill > HB945


VA HB945

Firearm safety device; expands definition of device.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
04/11/2024

Introduced Session

2024 Regular Session

Bill Summary

Firearm safety device tax credit; definition of firearm safety device. Expands the definition of "firearm safety device" as it relates to the firearm safety device tax credit to include any device that, when installed on a firearm, is designed to prevent the firearm from being operated without first deactivating the device.

AI Summary

This bill expands the definition of "firearm safety device" as it relates to the firearm safety device tax credit. The new definition includes any device that, when installed on a firearm, is designed to prevent the firearm from being operated without first deactivating the device. The bill also provides a tax credit of up to $300 for the purchase of one or more firearm safety devices in an eligible transaction, with a total credit limit of $5 million per taxable year.

Committee Categories

Justice

Sponsors (1)

Last Action

Incorporated by Public Safety (on 02/02/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB945
Fiscal Note/Analysis - House: Prefiled and ordered printed; offe https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB945F161+PDF
BillText https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB945+hil
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