Bill > HR169

This bill, known as the "Prevent Family Fire Act of 2025," proposes a tax credit to incentivize the retail sale of safe firearm storage devices in the United States. The bill would allow businesses to claim a tax credit equal to 10% of the revenue from the first retail sale of qualifying storage devices, with a maximum credit of $400 per device. A "safe firearm storage device" is specifically defined as a device principally designed to prevent unauthorized access to firearms or ammunition, which must be secured by a combination lock, key lock, or biometric lock that cannot be opened without the appropriate access method. The credit excludes devices integrated into firearms or ammunition, or those under a mandatory recall. The tax credit would be available for sales from the date of enactment until December 31, 2032, and the Treasury Secretary is required to produce an annual public report detailing the credits claimed, broken down by state. The bill aims to encourage the use of secure storage methods for firearms, potentially reducing accidental shootings or unauthorized access to weapons.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/169/all-info