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Bill > SB00117


CT SB00117

CT SB00117
An Act Establishing A Nonrefundable Personal Income Tax Credit For The Purchase Of A Gun Safe.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To establish a nonrefundable credit against the personal income tax of up to one hundred fifty dollars for the purchase of a gun safe for personal use.

AI Summary

This bill proposes to create a new nonrefundable personal income tax credit of up to $150 for individuals who purchase a gun safe for personal use. A nonrefundable tax credit means that the credit can reduce a person's tax liability to zero, but any remaining credit amount cannot be refunded to the taxpayer. The purpose of this legislation appears to be to incentivize gun owners to store their firearms safely by providing a financial benefit through the tax system. By offering a tax credit for gun safe purchases, the bill aims to potentially reduce accidental shootings, prevent unauthorized access to firearms, and promote responsible gun ownership. The credit would apply to gun safes bought for personal use, suggesting it is intended for individual gun owners rather than businesses or other entities.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 01/08/2025)

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