Prevent Family Fire Act of 2025
Summary
What This Bill Does
The Prevent Family Fire Act adds a safe firearm storage credit to the Internal Revenue Code. The credit equals 10 percent of amounts received from the first retail sale of each safe firearm storage device sold by the taxpayer for use in the United States. The sale amount counted for the credit cannot exceed $400 per device, excludes separately stated state or local sales tax, and cannot exceed fair market value. A first retail sale means the first sale after production, manufacture, or importation, excluding resale or long-term lease. The bill is designed to lower the effective cost of producing and selling qualifying gun safes, lockboxes, and similar devices that help prevent unauthorized firearm access.
Who Benefits and How
Safe firearm storage device manufacturers benefit because the credit subsidizes first retail sales of qualifying devices. Firearms retailers benefit if the credit supports lower prices or higher demand for lockboxes and gun safes. Gun owners benefit if retailers pass through part of the tax benefit through lower prices or wider device availability. Families with firearms benefit if safer storage reduces accidental shootings, suicides, or unauthorized child access.
Who Bears the Burden and How
Treasury Department tax administrators must issue rules, process claims, and police fair-market-value and first-sale limits. Taxpayers claiming the credit must track qualifying first retail sales, sales-tax exclusions, and the $400 cap. Federal taxpayers bear the cost of the new general business credit. Manufacturers of nonqualifying storage products may face a competitive disadvantage if their devices do not meet the statutory definition.
Key Provisions
- Creates a 10 percent tax credit for first retail sales of safe firearm storage devices.
- Limits the sale amount counted for the credit to $400 per device.
- Excludes separately stated state and local retail sales taxes from the credit base.
- Requires the sale amount used for the credit not to exceed fair market value.
- Defines first retail sale to exclude resale and long-term lease transactions.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Creates a 10 percent general business tax credit, capped at $400 of sale price per device, for first retail sales of safe firearm storage devices used in the United States.
Key Policy Areas
Tax, Firearms, Public Safety
Primary Purpose
Creates a 10 percent general business tax credit, capped at $400 of sale price per device, for first retail sales of safe firearm storage devices used in the United States.
Policy Domains
Resolution provisions
Identified Gains
- Safe firearm storage device manufacturers
- Firearms retailers
- Gun owners
- Families with firearms
Identified Costs
- Treasury Department tax administrators
- Taxpayers claiming the credit
- Federal taxpayers
- Nonqualifying storage manufacturers
Sponsors
Legislative Progress
In CommitteeMr. Levin (for himself, Mr. Lawler, Mr. Boyle of Pennsylvania, …
Referred to the House Committee on Ways and Means.
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology