United States 118th Congress Status: In Committee 14 D cosponsors

HR 8719 — Secure Storage Information Act of 2024

Last action — 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 concerned.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 118th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

To 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.

Bill Text

How this bill changes current law

13 changes Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill adds requirements for Federal firearms licensees regarding secure storage information and modifies law related to gun storage devices, while also introducing a tax credit for gun safe purchases.

  • 18 U.S.C. § 922

    ``(1) in general.--Except'' → ``(1) Requirement that device be provided with handgun.-- ``(A) In general.--Except''

    Renumbers and clarifies the existing law by introducing a specific requirement for providing secure storage information.

  • 18 U.S.C. § 922

    ``(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.''

    Establishes a new law requiring firearms dealers to provide secure storage information to transferees.

  • 18 U.S.C. § 922

    (1) → (1)(A)

    Updates paragraph referencing in the law to accommodate the new structure.

  • 18 U.S.C. § 923

    secure gun storage or safety devices → 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,

    Expands the type of secure storage devices that firearm licenses are required to have available.

  • 18 U.S.C. § 923

    a secure gun storage or safety device → secure gun storage or safety devices

    Changes the singular form to plural to ensure multiple secure storage options are available.

  • 18 U.S.C. § 923

    a device → devices

    Adjusts language to use plural for consistency in secure storage device requirements.

  • Internal Revenue Code

    ``SEC. 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.''

    Introduces a new tax credit for individuals who purchase qualified gun safes.

  • Internal Revenue Code

    ``(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.''

    Sets a limit on the tax credit amount for gun safe purchases.

  • Internal Revenue Code

    ``(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--``

    Defines 'qualified gun safe' to clarify what qualifies for the tax credit.

  • Internal Revenue Code

    ``(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.''

    Clarifies tax basis implications for property for which a credit is claimed.

  • Internal Revenue Code

    ``(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.''

    Prevents taxpayers from claiming both a credit and a deduction on the same property.

  • Internal Revenue Code

    ``(39) to the extent provided in section 25F(d).''

    Updates the conforming amendments to reference the new gun safe credit.

  • Internal Revenue Code

    ``Sec. 25F. Gun safe credit.''

    Adds a new section to the tax code specifically for gun safe credits.

Action History

  1. 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 concerned.

  2. Introduced in House

Sponsors

Sponsorship breakdown

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1 sponsors · 13 co-sponsors · 533 not signed on

Sponsors (1)

Co-sponsors (13)

Not signed on (533)

533 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

public-safety taxation
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Frequently asked questions

What does HR 8719 do?
To 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.
Who sponsors HR 8719?
HR 8719 is sponsored by Sherrill, Mikie (Democratic), Williams, Nikema (Democratic), Brownley, Julia (Democratic), Dingell, Debbie (Democratic), Goldman, Daniel S. (Democratic), Gottheimer, Josh (Democratic), Jackson Lee, Sheila (Democratic), Johnson, Henry C. "Hank" (Democratic), Moulton, Seth (Democratic), Norton, Eleanor Holmes (Democratic), Ross, Deborah K. (Democratic), Salinas, Andrea (Democratic), Stevens, Haley M. (Democratic), and Keating, William R. (Democratic).
What is the current status of HR 8719?
This bill died with 118th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 8719?
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