118 HR 8719 IH: Secure Storage Information Act of 2024 U.S. House of Representatives 2024-06-12 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.

I118th CONGRESS2d SessionH. R. 8719IN THE HOUSE OF REPRESENTATIVESJune 12, 2024Ms. Sherrill (for herself, Ms. Williams of Georgia, Ms. Brownley, Mrs. Dingell, Mr. Goldman of New York, Mr. Gottheimer, Ms. Jackson Lee, Mr. Johnson of Georgia, Mr. Moulton, Ms. Norton, Ms. Ross, Ms. Salinas, and Ms. Stevens) introduced the following bill; which was referred to the Committee on the Judiciary, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concernedA BILLTo amend title 18, United States Code, to require a Federal firearms licensee to provide secure firearms storage information to a prospective firearm transferee, and to amend the Internal Revenue Code of 1986 to provide a gun safe credit, and for other purposes.

1.

Short title

This Act may be cited as the Secure Storage Information Act of 2024.

2.

Requirement that a Federal firearms licensee provide secure firearms storage information to a prospective firearm transferee

(a)

In general

Section 922(z) of title 18, United States Code, is amended—(1)in paragraph (1)—(A)by striking (1) In general.—Except and inserting the following:(1)

Requirement that device be provided with handgun

(A)

In general

Except;(B)by adding after and below the end the following:(B)

Requirement to provide secure storage information with any firearm

It shall be unlawful for any licensed importer, licensed manufacturer, or licensed dealer to sell, deliver, or transfer a firearm to any person other than a person licensed under this chapter, unless the transferee is provided with such information about the secure storage of firearms as the Attorney General shall prescribe.; and(2)in paragraph (2), by striking (1) and inserting (1)(A). (b)

Regulations

Within 6 months after the date of the enactment of this Act, the Attorney General shall prescribe, by regulation, the secure firearms storage information required to be provided by a Federal firearms licensee to a prospective firearm transferee, and ensure that the information includes—(1)that firearms should be stored unloaded, out of the reach of children and other persons without authorized access, and separately from ammunition;(2)that stored firearms should be secured with a locking device;(3)a statement as to the importance of secure storage, including data on the risks of unsecured firearms and benefits of securely stored firearms in relation to firearm suicide, firearm homicide and assault, school firearm violence, unintentional shootings, and theft; and(4)guidance on the most secure types of devices, including the advantages of gun safes and lock boxes compared to trigger and cable locks.

3.

Requirement that certain Federal firearms licensees have a variety of secure gun storage or safety devices available for purchase in their stores

Section 923 of title 18, United States Code, is amended in each of subsections (d)(1)(G) and (e)—(1)by striking secure gun storage or safety devices and inserting a variety of secure gun storage or safety devices, including full-size gun safes, lock boxes and lockers, gun cases, or cable and trigger locks,;(2)by striking a secure gun storage or safety device and inserting secure gun storage or safety devices; and(3)by striking a device and inserting devices.

4.

Effective date

The amendments made by sections 2 and 3 shall take effect on the date that is 6 months after the date of the enactment of this Act.

5.

Gun safe credit

(a)

In general

Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before section 26 the following new section:

25F.

Gun safe credit

(a)

In general

In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the amounts paid or incurred by the taxpayer for the taxable year for the purchase of a qualified gun safe.(b)

Limitation

The credit allowed under this section with respect to any taxpayer for any taxable year shall not exceed the excess (if any) of $500 over the aggregate credits allowed under this section with respect to such taxpayer for all prior taxable years.(c)

Qualified gun safe

For purposes of this section, the term qualified gun safe means any safe, gun safe, gun case, lock box, or other device—(1)the original use of which commences with the taxpayer,(2)which is acquired by the taxpayer—(A)to store one or more firearms, and(B)not for resale,(3)which is designed, or can be used, for the secure and fully-contained storage of one or more firearms, and(4)which is designed to be unlocked only by authorized users by means of a key, a combination, biometric credentials, or other similar means.(d)

Reduction in basis

For purposes of this subtitle, the basis of any property for which a credit is allowable under subsection (a) shall be reduced by the amount of such credit so allowed.(e)

No double benefit

The amount of any deduction allowable under this chapter with respect to a property for which a credit is allowable under subsection (a) shall be reduced by the amount of such credit so allowed.

.(b)

Conforming amendment

Section 1016(a) of such Code is amended by striking and at the end of paragraph (37), by striking the period at the end of paragraph (38) and inserting , and, and by adding at the end the following new paragraph: (39)to the extent provided in section 25F(d)..(c)

Clerical amendment

The table of sections for subpart A of part IV of subchapter A of chapter 1 of such Code is amended by inserting before the item relating to section 26 the following new item:Sec. 25F. Gun safe credit..(d)

Effective date

The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.