What is the official ID of this bill?

The official print number for this legislation is HR 2770.

When did the legislative process begin?

The process officially started on 2023-04-20.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/118/bills/hr2770/BILLS-118hr2770ih.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

Who is the primary sponsor?

The primary sponsor is Rep. Levin, Mike [D-CA-49].

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Analysis and Potential Impact of HR 2770

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Tax Credit for Safe Firearm Storage Devices

Q: What are the main provisions?

Key points include: Retailers may claim a tax credit equal to 10% of the sale price, with the credit amount capped at $40 per device. Eligible devices include those secured by combination, key, or biometric locks, excluding devices incorporated into the design of the firearm itself. The credit is applicable to sales made before the termination date of December 31, 2030.

The bill, cited as the Prevent Family Fire Act of 2023, amends the Internal Revenue Code to allow a tax credit for retail sales of safe firearm storage devices. The credit applies to devices designed to deny unauthorized access to firearms or ammunition.

Key points

Retailers may claim a tax credit equal to 10% of the sale price, with the credit amount capped at $40 per device.

Eligible devices include those secured by combination, key, or biometric locks, excluding devices incorporated into the design of the firearm itself.

The credit is applicable to sales made before the termination date of December 31, 2030.

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Additional Information

Prevent Family Fire Act of 2023

Print number: HR 2770

Sponsor: Rep. Levin, Mike [D-CA-49]

Process start date: 2023-04-20

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-3-pro-preview

Source data: api.congress.gov

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Tax Credit for Safe Firearm Storage Devices

Key Questions about Tax Credit for Safe Firearm Storage Devices