Prevent Family Fire Act of 2025

Key Points

• Congress is considering a bill that would give a tax break to stores when they sell gun safes, lockboxes, and other secure storage devices. The goal is to encourage more people to store their firearms safely at home.
• For every qualifying storage device sold, the retailer would receive a tax credit worth 10% of the sale price. This credit is capped at $400 per device, meaning a store could get back up to $40 for each safe they sell.
• To count for the credit, the device must be specifically designed to keep unauthorized people out using a key, combination, or fingerprint lock. It does not include locks that are already built into the gun or items that have been recalled for safety issues.
• This plan is designed to stop "family fire," which is when a child or someone else in the house finds an unsecured gun and accidentally hurts themselves or others. Making these devices more common could help reduce home accidents and suicides.
• If the bill becomes law, these tax credits would be available to businesses until the end of 2032. The Treasury Department would also be required to report every year on how many credits were claimed in each state.

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