Bill > HB2615

This bill establishes a tax credit for Missouri taxpayers who purchase firearm safety items, specifically firearm safes and firearm safety devices. Starting January 1, 2027, individuals can claim a tax credit up to $500 for purchasing items like trigger locks, firearm safes (including vehicle safes), and other safety devices approved by the Department of Public Safety. The credit can only offset the taxpayer's state income tax liability and cannot be carried forward, transferred, or sold. The total amount of tax credits statewide is capped at $500,000 per calendar year, with credits issued on a first-claimed basis. To be eligible, taxpayers must submit receipts for their purchases, and the Department of Public Safety and Department of Revenue will jointly develop rules for approving qualifying safety items. The tax credit program is set to automatically sunset six years after its effective date, requiring reauthorization by the Missouri General Assembly to continue beyond that point.

https://house.mo.gov/Bill.aspx?bill=HB2615&year=2026&code=R