,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #afi  ,,in ,,the ,,house ,,of   
,,representatives  ,january #c1         
#bjbe,mr4 ,levin 7for himself1 ,mr4     
,lawler1 ,mr4 ,boyle of ,pennsylvania1  
and ,mrs4 ,kim7 introduced the following
 bill2 which was referred to the        
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow for a credit   
against tax for sales at retail of safe 
firearm storage devices4  #a4 ,short    
title ,this ,act may be cited as the    
,prevent ,family ,fire ,act of #bjbe4   
#b4 ,safe firearm storage credit  7a7   
,in general ,subpart ,d of part ,,iv of 
subchapter ,a of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new section3  #de;,,bb4 ,safe 
firearm storage credit  7a7 ,allowance  
of credit ,for purposes of section #ch1 
the safe firearm storage credit         
determined under this section for the   
taxable year is an amount equal to #aj  

percent of amounts received from the    
first retail sale of each safe firearm  
storage device sold by the taxpayer for 
use within the ,united ,states during   
the taxable year4  7b7 ,limitations     
7#a7 #djj per device ,the amounts       
received from a first retail sale that  
are taken into account under subsection 
7a7 with respect to a safe firearm      
storage device shall not exceed #djj per
 device4  7#b7 ,fair market value ,the  
amount taken into account under         
subsection 7a7 shall not include amounts
 in excess of the fair market value of  
such safe firearm storage device4  7c7  
,definitions and special rules ,for     
purposes of this section-- 7#a7         
,determination of price ,in determining 
price1 there shall be excluded1 if      
stated as a separate charge1 the amount 
of any retail sales tax imposed by any  
,state or political subdivision thereof 
or the ,district of ,columbia1 whether  
the liability for such tax is imposed on
 the vendor or vendee4  7#b7 ,first     

retail sale ,the term first retail sale 
means the first sale1 for a purpose     
other than for resale or leasing in a   
long-term lease1 after production1      
manufacture1 or importation4  7#c7 ,safe
 firearm storage device  7,a7 ,in       
general ,the term safe firearm storage  
device means a device that is-- 7i7     
designed and marketed for the principal 
purpose of denying unauthorized access  
to1 or rendering inoperable1 a firearm  
or ammunition1 and  7ii7 secured by a   
combination lock1 key lock1 or lock     
based on biometric information which--  
7,i7 is integrated into the design of   
the device1 and  7,,ii7 once locked1 is 
incapable of being opened without the   
combination1 key1 or biometric          
information1 respectively4  7,b7        
,exclusion ,the term safe firearm       
storage device does not include-- 7i7   
any device which is incorporated to any 
extent into the design of a firearm or  
of ammunition1 or  7ii7 any device that1
 as of the date of the sale described in

 subsection 7a71 has been subject to a  
mandatory recall by the ,consumer       
,product ,safety ,commission4  7,c7     
,firearm2 ammunition ,the terms firearm 
and ammunition have the meanings given  
such terms in section #iba of title #ah1
 ,united ,states ,code 7without regard  
to all that follows firearm silencer in 
paragraph 7#c7 of such section74  7d7   
,recapture  7#a7 ,in general ,the       
,secretary shall1 by regulations1       
provide for recapturing the benefit of  
any credit allowable under subsection   
7a7 if such credit is improperly or     
excessively claimed4  7#b7              
,documentation ,the ,secretary may      
require such information or registration
 as the ,secretary deems necessary for  
purposes of recapture under paragraph   
7#a74  7e7 ,termination ,this section   
shall not apply to sales after ,december
 #ca1 #bjcb4  4  7b7 ,credit made part  
of general business credit ,subsection  
7b7 of section #ch of the ,internal     
,revenue ,code of #aihf is amended by   

striking plus at the end of paragraph   
7#dj71 by striking the period at the end
 of paragraph 7#da7 and inserting 1     
plus1 and by adding at the end the      
following new paragraph3  7#db7 the safe
 firearm storage credit determined under
 section #de;,,bb7a74  4  7c7 ,credit   
allowed against ,,amt ,section          
#ch7;c77#d77;,b7 of such ,code is       
amended by redesignating clauses 7x7    
through 7xii7 as clauses 7xi7 through   
7xiii71 respectively1 and by inserting  
after clause 7ix7 the following new     
clause3  7x7 the credit determined under
 section #de;,,bb1  4  7d7 ,clerical    
amendment ,the table of sections for    
subpart ,d of part ,,iv of subchapter ,a
 of chapter #a of such ,code is amended 
by adding at the end the following new  
item3 ,sec4 #de;,,bb4 ,safe firearm     
storage credit44  7e7 ,report ,the      
,secretary of the ,treasury shall make  
publicly available an annual report of  
the credits against tax allowed by      
reason of section #de;,,bb 7as added by 

this section71 disaggregated by ,state4 
7f7 ,effective date ,the amendments made
 by this section shall apply to taxable 
years beginning after the date of the   
enactment of this ,act4