summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
04/11/2024
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)
Official Document
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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