Tax Credit and New Rules for Secure Firearm Storage Information.
This law mandates that firearm sellers must provide detailed information on secure storage practices to all buyers, including data on the risks of unsecured firearms. Crucially, it introduces a new, one-time federal tax credit of up to $500 for individuals who purchase a qualified gun safe or secure storage device. The goal is to promote safety and reduce accidental shootings and theft.
Key points
Firearm dealers must now stock and offer a variety of secure storage devices (safes, lock boxes, cable locks) and provide mandatory secure storage guidance to all customers.
A new, non-refundable tax credit of up to $500 is available for taxpayers who purchase a qualified gun safe or secure storage container for firearms.
Expired
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