House File 924 H-1168 Amend House File 924 as follows: 1 1. Page 1, before line 1 by inserting: 2 < DIVISION I 3 INCOME TAX CREDIT FOR FIREARM SAFETY DEVICES 4 Section 1. NEW SECTION . 422.10C Firearm safety device tax 5 credit. 6 1. The taxes imposed under this subchapter, less the credits 7 allowed under section 422.12, shall be reduced by a firearm 8 safety device tax credit equal to the sales price of a firearm 9 safety device purchased during the tax year by the taxpayer, 10 not to exceed five hundred dollars. 11 2. For purposes of this section: 12 a. “Firearm safety device” means a device designed 13 to prevent a firearm from being operated without first 14 deactivating the device or a qualified gun safe. 15 b. “Qualified gun safe” means a safe specifically 16 manufactured to store firearms and constructed of steel or a 17 material of equal or greater strength, which safe is purchased 18 new by the taxpayer from a firearms dealer licensed under 19 federal law, or a retailer as defined in section 423.1, and 20 which safe is purchased for the personal, noncommercial use of 21 the taxpayer. 22 c. “Sales price” means the same as defined in section 423.1. 23 3. Any credit in excess of the taxpayer’s tax liability for 24 the tax year is not refundable but may be credited to the tax 25 liability for the following year. 26 Sec. ___. APPLICABILITY. This division of this Act applies 27 to firearm safety devices purchased on or after the effective 28 date of this division of this Act. 29 Sec. ___. RETROACTIVE APPLICABILITY. This division of this 30 Act applies retroactively to January 1, 2025, for tax years 31 beginning on or after that date. 32 DIVISION ___ 33 MINIMUM AGE REQUIREMENTS FOR ACQUIRING OR CARRYING WEAPONS > 34 2. Title page, line 1, after < relating to > by inserting 35 -1- HF 924.1182 (4) 91 sb/js 1/ 2 #1.

< weapons by providing an individual tax credit for the purchase 1 of firearm safety devices and adjusting > 2 3. Title page, line 2, by striking < weapons > and inserting 3 < weapons, and including retroactive and other applicability 4 provisions > 5 4. By renumbering as necessary. 6 ______________________________ LEVIN of Johnson -2- HF 924.1182 (4) 91 sb/js 2/ 2 #3. #4.