H.R. 2770 · 118th Congress

Prevent Family Fire Act of 2023

Stage
In committee
Sponsor
Mike Levin
Introduced
2023-04-20
Latest action
2023-04-20 · Introduced in House

Summary

Prevent Family Fire Act of 2023

This bill allows through 2030 a new tax credit equal to 10% of amounts received from the first retail sale of a safe firearm storage device, not to exceed $400 per device.

The bill defines safe firearm storage device as a device that is designed and marketed to deny unauthorized access to, or render inoperable, a firearm or ammunition, and is secured by a combination lock, key lock, or lock based on biometric information.