Bill > HR4487

This bill, known as the Gun Safety Incentive Act, introduces several measures aimed at promoting safe firearm storage. The Attorney General will be required to establish voluntary best practices for safe firearm storage within 180 days, covering locations like businesses, vehicles, private homes, and storage facilities, and will publish and annually update these guidelines. Starting January 1, 2027, licensed firearm manufacturers and importers that produce at least 250 firearms annually must include a written notice on each firearm stating "SAFE STORAGE SAVES LIVES" and providing a website address for storage information. The bill expands existing law to require safe storage devices for all firearm sales (not just handguns), and creates a grant program allowing the Attorney General to award up to $10 million annually from 2027 to 2035 to states and tribes for safe firearm storage assistance programs. Additionally, the bill introduces a tax credit for retailers, offering a 10% credit (up to $400) for the first retail sale of safe firearm storage devices, which is defined as a device designed to deny unauthorized access to firearms and secured by a combination, key, or biometric lock. The tax credit will be available for sales through December 31, 2032, and the bill includes a severability clause to ensure that if any part of the act is found invalid, the rest remains in effect.

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https://www.congress.gov/bill/119th-congress/house-bill/4487/all-info