[Congressional Record Volume 168, Number 107 (Thursday, June 23, 2022)]
[Senate]
[Pages S3169-S3170]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5125. Mr. MARSHALL submitted an amendment intended to be proposed 
by him to the bill S. 2938, to make our communities safer; which was 
ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. NONREFUNDABLE TAX CREDIT FOR GUN SAFES AND GUN 
                   SAFETY COURSES.

       (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 after section 25D the following new section:

     ``SEC. 25E. FIREARM SAFETY CREDIT.

       ``(a) Allowance of Credit.--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 sum 
     of--

[[Page S3170]]

       ``(1) the amount paid by the taxpayer for any gun safe that 
     is placed into service by the taxpayer during the taxable 
     year, and
       ``(2) the amount paid by the taxpayer during the taxable 
     year for a concealed carry firearms course or a firearm 
     safety course which--
       ``(A) is taught by a firearms instructor certified by the 
     State to teach such course, or
       ``(B) satisfies the training requirement, if any, for any 
     license or permit related to a firearm (including a hunting 
     license) which is issued under the authority of State law.
       ``(b) Limitations.--
       ``(1) In general.--The amount of the credit allowable to a 
     taxpayer under subsection (a) for any taxable year shall not 
     exceed--
       ``(A) for purposes of the credit allowable under paragraph 
     (1) of such subsection, $100, and
       ``(B) for purposes of the credit allowable under paragraph 
     (2) of such subsection, $100.
       ``(2) Gun safes.--No credit under subsection (a)(1) shall 
     be allowed to any taxpayer if a credit has been allowed under 
     such subsection to the taxpayer for any of the 10 preceding 
     taxable years.
       ``(c) Prohibition on Collection of Information Regarding 
     Firearms.--No taxpayer shall be required, as a condition of 
     the credit allowed under this section, to provide any 
     information with respect to any firearms owned by the 
     taxpayer.''.
       (b) Conforming Amendment.--The table of sections for 
     subpart A of part IV of subchapter A of chapter 1 of the 
     Internal Revenue Code of 1986 is amended by inserting after 
     the item relating to section 25D the following new item:
``Sec. 25E. Firearm safety credit.''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to taxable years beginning after the date of 
     enactment of this Act.
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