H.R. 4926
IntroducedPrevent Family Fire Act of 2019
Latest Action
Sponsor introductory remarks on measure. (CR H8707)
10/31/2019
Summary
Prevent Family Fire Act of 2019
This bill allows a new business-related tax credit for 10% of the amount of the first retail sale of a safe firearm storage device. The amount upon which the credit is based may not exceed $400.
A "safe firearm storage device" is a device that (1) is designed and marketed to deny unauthorized access to, or rendering inoperable, a firearm or ammunition; and (2) is secured by a combination lock, key lock, or lock based on biometric information.
This credit terminates after December 31, 2026.
Introduced in House • 10/30/2019
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (26)
Party Breakdown
Sponsor
Cosponsors (25)
Bill Journey
Originated in the House
Introduced
October 30, 2019
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law