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Tax Credit for Gun Safes: Secure Storage and Savings

This act introduces a new refundable tax credit allowing citizens to recover up to 90% of the cost of purchasing a gun safe, capped at $500 ($1,000 for joint filers). The goal is to encourage safe firearm storage, potentially enhancing safety in homes and communities. This credit applies to purchases made after December 31, 2025.
Key points
You can get a refund of up to 90% of the cost of a gun safe, reducing your expenses for secure storage.
The maximum credit is $500 per year ($1,000 for joint filers), which can significantly lower the cost of a safe.
The act aims to promote safe firearm storage, potentially reducing accidents and unauthorized access.
Starting in 2031, the credit will only apply to gun safes deemed highly effective by the Department of Health and Human Services.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5099
Sponsor: Rep. Williams, Nikema [D-GA-5]
Process start date: 2025-09-02
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SAFES Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5099.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-09-02.

What are the main provisions?

Key points include:

  • You can get a refund of up to 90% of the cost of a gun safe, reducing your expenses for secure storage.
  • The maximum credit is $500 per year ($1,000 for joint filers), which can significantly lower the cost of a safe.
  • The act aims to promote safe firearm storage, potentially reducing accidents and unauthorized access.
  • Starting in 2031, the credit will only apply to gun safes deemed highly effective by the Department of Health and Human Services.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Williams, Nikema [D-GA-5].

What is the latest detailed status?

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

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Security