Prevent Family Fire Act of 2025
This bill establishes a new business tax credit on the sale of a safe firearm storage device on or before December 31, 2032.
The amount of the tax credit is 10% of the retail sales price (up to a maximum price of $400 and excluding separately stated sales tax) of a safe firearm storage device. The tax credit is allowed only on the first retail sale of a safe firearm storage device for a use other than resale or long-term lease.
The bill defines safe firearm storage device as a device that is (1) designed and marketed to deny unauthorized access to a firearm or ammunition or render such items inoperable; and (2) is secured by a combination lock, key lock, or lock based on biometric information.
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| Congress | 119 |
| Bill Type | HR |
| Bill Number | 169 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Ways and Means. |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | January 3, 2025 |
| Latest Action | January 3, 2025 |
| Cosponsors | 10 · House vote — · — views |