HR1272119th CongressWALLET

Secure Storage Information Act of 2025

Sponsored By: Representative Sherrill

Introduced

Summary

Secure firearms storage is the focus of this bill. It would require gun dealers to give buyers government-prescribed storage guidance, require some dealers to stock a range of locking devices, and create a tax credit for qualifying gun safes.

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  • Prospective buyers and households would be given Attorney General‑specified storage information, including recommendations to store firearms unloaded, out of reach of children and others without access, kept separately from ammunition, secured with a locking device, and data on how secure storage relates to suicide, homicide, school firearm violence, unintentional shootings, and theft.
  • Certain federal firearms licensees would need to carry multiple secure storage options for sale, explicitly listing full‑size gun safes, lock boxes and lockers, gun cases, and cable or trigger locks. The new retail and information rules would take effect six months after enactment.
  • Purchasers could claim a new nonrefundable Gun Safe Credit equal to amounts paid for a qualified gun safe, with a lifetime cap of $500 per taxpayer. The credit reduces the tax basis of the property and lowers any deduction for that property, and it applies to taxable years beginning after enactment.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

Tax credit for buying gun safes

If enacted, you would be able to claim a federal income tax credit when you buy a qualified gun safe. You could claim what you paid, up to a $500 lifetime cap per taxpayer. The safe must be new to you, lockable, and fully contain firearms. The credit would be nonrefundable and would reduce the item's tax basis and any related deduction. It would apply to tax years that begin after enactment.

Gun stores must stock safes

If enacted, many licensed gun dealers would need to stock several types of storage devices. That would include full-size safes, lock boxes or lockers, gun cases, and cable or trigger locks. The rule would start 6 months after enactment. Stores could face added inventory costs that might be passed to buyers.

Gun buyers must get storage info

If enacted, licensed gun sellers would need to give secure storage information before transferring a gun to an unlicensed buyer. The Attorney General would set the details within 6 months. The information would say to store guns unloaded, locked, and separate from ammo, include risk data, and compare device types. Starting 6 months after enactment, dealers could not transfer a gun without giving this information.

Sponsors & CoSponsors

Sponsor

Sherrill

NJ • D

Cosponsors

  • Rep. Williams, Nikema [D-GA-5]

    GA • D

    Sponsored 2/12/2025

  • Rep. Brownley, Julia [D-CA-26]

    CA • D

    Sponsored 2/12/2025

  • Rep. Stevens, Haley M. [D-MI-11]

    MI • D

    Sponsored 2/12/2025

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 2/12/2025

  • Rep. Goldman, Daniel S. [D-NY-10]

    NY • D

    Sponsored 2/12/2025

Roll Call Votes

No roll call votes available for this bill.

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