Prevent Family Fire Act of 2025
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Bill details
Summary
Introduced in House
Prevent Family Fire Act of 2025 This bill establishes a new business tax credit on the sale of a safe firearm storage device on or before December 31, 2032. The amount of the tax credit is 10% of the retail sales price (up to a maximum price of $400 and excluding separately stated sales tax) of a safe firearm storage device. The tax credit is allowed only on the first retail sale of a safe firearm storage device for a use other than resale or long-term lease. The bill defines safe firearm storage device as a device that is (1) designed and marketed to deny unauthorized access to a firearm or ammunition or render such items inoperable; and (2) is secured by a combination lock, key lock, or lock based on biometric information.
District impact notes
The Prevent Family Fire Act of 2025 establishes a tax credit for businesses that sell safe firearm storage devices. • This policy could encourage local retailers to offer safe storage solutions, potentially impacting firearm safety practices in the community. • It may also influence local discussions around public safety and responsible firearm ownership among residents and organizations. • A question for implementation could be how effectively the tax credit incentivizes businesses to promote and sell these devices, as well as the criteria for what qualifies as a safe storage device. AI-generated from official bill summary and plain-English note; verify with official text.
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