3.0.0 942 2022-11-01T15:17:46Z 2022-11-01T15:17:46Z House HR 2019-01-31 116 [Congressional Record Volume 165, Number 20 (Thursday, January 31, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HIMES:H.R. 942.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the United StatesConstitution, as this legislation provides for the generalwelfare of the United States.[Page H1342]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-01-31T17:00:42Z SAFETY Act 116 1884 S 2019-06-18 Read twice and referred to the Committee on Finance. Related bill CRS 2019-01-31 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-01-31 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-01-31 Introduced in House IntroReferral 1000 9 Library of Congress H001047 Rep. Himes, James A. [D-CT-4] James Himes D CT A. 4 N K000382 Rep. Kuster, Ann M. [D-NH-2] Ann Kuster D NH M. 2 2019-01-31 True H001087 Rep. Hill, Katie [D-CA-25] Katie Hill D CA 25 2019-01-31 True C001067 Rep. Clarke, Yvette D. [D-NY-9] Yvette Clarke D NY D. 9 2019-01-31 True D000610 Rep. Deutch, Theodore E. [D-FL-22] Theodore Deutch D FL E. 22 2019-01-31 True P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2019-01-31 True S001200 Rep. Soto, Darren [D-FL-9] Darren Soto D FL 9 2019-01-31 True M001202 Rep. Murphy, Stephanie N. [D-FL-7] Stephanie Murphy D FL N. 7 2019-01-31 True D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 2019-07-15 False R000616 Rep. Rouda, Harley [D-CA-48] Harley Rouda D CA 48 2020-09-04 False Taxation Advanced technology and technological innovations Firearms and explosives Income tax credits Income tax deductions Licensing and registrations Research and development Sales and excise taxes Small business Taxation 00 2019-01-31 Introduced in House 2019-03-14T13:38:12Z Start Advancing Firearms Enhancements and Technology Act of 2018 or the SAFETY Act

This bill increases the rate of the research tax credit from 20% to 30% for research expenses to develop smart gun technologies. The bill also modifies the excise tax on the sale of firearms to exempt the portion of the sale price that is attributable to smart gun technology.

"Smart gun technology" is technology (other than a simple mechanical lock) that is designed to (1) prevent a firearm from being fired by any individual other than an authorized user; and (2) convert the firearm from the inoperable condition to the operable condition in less than two seconds after the authorized user makes contact with the firearm, the firearm's arming device, or an external safe or locking device.

]]> SAFETY Act Display Title SAFETY Act Short Title(s) as Introduced SAFETY Act Introduced in House IH Short Title(s) as Introduced Start Advancing Firearms Enhancements and Technology Act of 2018 Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide an enhanced research credit for the development of smart gun technologies. Introduced in House IH Introduced in House 2019-01-31T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr942ih/xml/BILLS-116hr942ih.xml 2019-01-31 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.