Federal Legislation Tagged With 'Fees And Taxes' Tag

HB5289

Session: 116th Congress

Title: To amend the Internal Revenue Code of 1986 to remove short-barreled rifles from the definition of firearms for purposes of the National Firearms Act, and for other purposes.

Description: To amend the Internal Revenue Code of 1986 to remove short-barreled rifles from the definition of firearms for purposes of the National Firearms Act, and for other purposes.

Last Action: Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, 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 concerned.

Last Action Date: December 3, 2019

HB4926

Session: 116th Congress

Title: Prevent Family Fire Act of 2019

Description: Prevent Family Fire Act of 2019 This bill allows a new business-related tax credit for 10% of the amount of the first retail sale of a safe firearm storage device. The amount upon which the credit is based may not exceed $400. A "safe firearm storage device" is a device that (1) is designed and marketed to deny unauthorized access to, or rendering inoperable, a firearm or ammunition; and (2) is secured by a combination lock, key lock, or lock based on biometric information. This credit terminates after December 31, 2026.

Last Action: Sponsor introductory remarks on measure. (CR H8707)

Last Action Date: October 31, 2019