Gun Safety Incentive Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The Gun Safety Incentive Act aims to reduce firearm-related accidents and deaths by promoting safe storage practices and increasing access to safe storage devices. It requires manufacturers to include a safety message with firearms, establishes best practices for safe storage developed by the Attorney General, and creates a grant program for states and tribes to distribute safe storage devices to the public. Finally, the bill offers a tax credit to individuals who purchase safe firearm storage devices at retail.
Key provisions
- Requires firearm manufacturers to include a written notice promoting safe storage with each handgun, rifle, or shotgun sold.
- Establishes voluntary best practices for safe firearm storage developed by the Attorney General.
- Creates a grant program for states and Indian tribes to distribute safe firearm storage devices.
- Amends the Internal Revenue Code to provide a 10% tax credit for the first retail sale of a safe firearm storage device.
- Defines ‘safe firearm storage device’ as a device designed to prevent unauthorized access to firearms.
- Requires the Attorney General to publish safe storage best practices on a public website.
- Establishes a reporting requirement for grant recipients to track the distribution of safe storage devices.
- Creates a list of grant recipients and the funds awarded, to be reported to Congress annually.
Who is affected
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