Child Protection and Home Safety Act of 2005
Last action on Feb 17, 2005Referred to the House Committee on Ways and Means.
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Summary
The Child Protection and Home Safety Act of 2005 (H.R. 947) proposed a federal tax credit to help homeowners offset the cost of purchasing a gun safe. Under this bill, individuals could claim a nonrefundable credit for 25% of the purchase price of a qualified residential gun safe, up to a maximum credit of $250. To qualify, the safe would have to meet specific performance standards and be designed to prevent unauthorized access rather than for the display of firearms.
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