To amend the Internal Revenue Code of 1986 to provide a refundable tax credit for certain gun safes.
Summary
What This Bill Does
The bill creates refundable tax credit for gun safe purchases (IRC Section 36C), creates IRC Section 36C - Credit for certain gun safes (detailed provisions), and requires HHS report on most effective gun safes. It relies on tax credits, definition changes, and reporting requirements. The main policy areas are Taxation and Trade.
Who Benefits and How
Gun safe manufacturers could gain revenue opportunities, Individual taxpayers could see lower costs, and Individual gun owners could see lower costs.
Who Bears the Burden and How
Federal treasury could face higher costs, Department of Health and Human Services would take on compliance duties, and Gun safe manufacturers (post-2030) could face higher barriers.
Key Provisions
- Creates refundable tax credit for gun safe purchases (IRC Section 36C).
- Creates IRC Section 36C - Credit for certain gun safes (detailed provisions).
- Requires HHS report on most effective gun safes.
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
The bill creates refundable tax credit for gun safe purchases (IRC Section 36C), creates IRC Section 36C - Credit for certain gun safes (detailed provisions), and requires HHS report on most effective gun safes.
Key Policy Areas
Taxation, Trade
Primary Purpose
The bill creates refundable tax credit for gun safe purchases (IRC Section 36C), creates IRC Section 36C - Credit for certain gun safes (detailed provisions), and requires HHS report on most effective gun safes.
Policy Domains
Whole Bill -- Gun Safe Tax Credit
Identified Gains
- Gun safe manufacturers
- Individual taxpayers
- Individual gun owners
- Gun safe retailers
- Gun owners (privacy protection)
Identified Costs
- Federal treasury
- Department of Health and Human Services
- Gun safe manufacturers (post-2030)
- Consumers (post-2030)
Sponsors
Legislative Progress
IntroducedMs. Williams of Georgia (for herself, Mr. Amo, and Mr. …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Consumers (post-2030), Gun owners (privacy protection), Individual gun owners
Positive-direction: Gun owners (privacy protection), Individual gun owners, Individual taxpayers
Negative-direction: Consumers (post-2030)
Gun safe manufacturers, Gun safe manufacturers (post-2030)
Positive-direction: Gun safe manufacturers
Negative-direction: Gun safe manufacturers (post-2030)
Department of Health and Human Services, Federal treasury
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_hhs"
- → Secretary of Health and Human Services
Key Definitions
Terms defined in this bill
Any device designed and marketed to deny unauthorized access to a firearm or ammunition, or any safe, gun case, lock box, or device secured by combination lock, key lock, or biometric information that cannot be opened without proper credentials.
The term gun safe does not include any property unless the original use begins with the taxpayer (new safes only).
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