Overview
- Establishes tax credit against personal income taxes for purchase of qualifying gun safes or locking mechanisms.
Key provisions
- Establishes tax credit against personal income taxes for purchase of qualifying gun safes or locking mechanisms.
- Applies to tax years beginning on or after January 1, 2024, and before January 1, 2030.
- Takes effect on 91st day following adjournment sine die.
Penalties / enforcement
- No new criminal penalties described in the OLIS summary.
Effective date / timeline
- Takes effect on 91st day following adjournment sine die.
Exceptions / carve-outs
- No specific exceptions noted in the OLIS summary.