SEC. 3. REQUIREMENT THAT CERTAIN FEDERAL FIREARMS 
LICENSEES HAVE A VARIETY OF SECURE GUN 
STORAGE OR SAFETY DEVICES AVAILABLE 
FOR PURCHASE IN THEIR STORES. 
Section 923 of title 18, United States Code, is 
amended in each of subsections (d)(1)(G) and (e)— 
(1) by striking ‘‘secure gun storage or safety 
devices’’ and inserting ‘‘a variety of secure gun stor-
age or safety devices, including full-size gun safes, 
lock boxes and lockers, gun cases, or cable and trig-
ger locks,’’; 
(2) by striking ‘‘a secure gun storage or safety 
device’’ and inserting ‘‘secure gun storage or safety 
devices’’; and 
(3) by striking ‘‘a device’’ and inserting ‘‘de-
vices’’. 
SEC. 4. EFFECTIVE DATE. 
The amendments made by sections 2 and 3 shall take 
effect on the date that is 6 months after the date of the 
enactment of this Act. 
SEC. 5. GUN SAFE CREDIT. 
(a) IN GENERAL.—Subpart A of part IV of sub-
chapter A of chapter 1 of the Internal Revenue Code of 
1986 is amended by inserting before section 26 the fol-
lowing new section: 
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‘‘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 tax-
able year for the purchase of a qualified gun safe. 
‘‘(b) LIMITATION.—The credit allowed under this sec-
tion 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 tax-
payer for all prior taxable years. 
‘‘(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— 
‘‘(1) the original use of which commences with 
the taxpayer, 
‘‘(2) which is acquired by the taxpayer— 
‘‘(A) to store one or more firearms, and 
‘‘(B) not for resale, 
‘‘(3) which is designed, or can be used, for the 
secure and fully-contained storage of one or more 
firearms, and 
‘‘(4) which is designed to be unlocked only by 
authorized users by means of a key, a combination, 
biometric credentials, or other similar means. 
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‘‘(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. 
‘‘(e) NO DOUBLE BENEFIT.—The amount of any de-
duction 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 al-
lowed.’’. 
(b) CONFORMING AMENDMENT.—Section 1016(a) of 
such Code is amended by striking ‘‘and’’ at the end of 
paragraph (37), by striking the period at the end of para-
graph (38) and inserting ‘‘, and’’, and by adding at the 
end the following new paragraph: 
‘‘(39) to the extent provided in section 
25F(d).’’. 
(c) CLERICAL AMENDMENT.—The table of sections 
for subpart A of part IV of subchapter A of chapter 1 
of such Code is amended by inserting before the item re-
lating to section 26 the following new item: 
‘‘Sec. 25F. Gun safe credit.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
the date of the enactment of this Act. 
Æ 
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