Gun safety gets a tax break—and dealers must stock storage devices

What it does

This bill requires federally licensed gun dealers to provide customers with information about secure firearm storage (unloaded, locked, separate from ammunition) and mandates that dealers stock a variety of storage devices like safes and lock boxes. It also creates a federal tax credit of up to $500 per person for purchasing gun safes or similar storage devices. The stated goal is to reduce firearm accidents, suicides, and theft by promoting secure storage.

Why we flagged it

The bill's core mechanism is a public-health mandate (secure storage information) paired with a consumer tax credit. It is not primarily a tax cut or industry carve-out; the tax credit is a policy tool to incentivize citizen behavior aligned with the stated safety goal.

What the text implies

• Tax credit may disproportionately benefit higher-income households who itemize or have sufficient tax liability to claim the full $500, while lower-income households may see reduced benefit if they have little tax liability.
• Requirement that dealers stock 'a variety' of storage devices may increase inventory costs for small dealers, potentially raising prices or reducing dealer participation in rural/underserved areas.
• Attorney General's discretion to prescribe storage information content (Section 2(b)) creates regulatory flexibility but also potential for future tightening or loosening of requirements depending on administration.

Section numbers refer to the bill text the analysis read — linked under Primary records below.

Who it affects

The bill provides citizens with federally mandated safety information about firearm storage and offers a direct tax credit (up to $500) to offset the cost of purchasing secure storage devices. Both provisions reduce barriers to safe storage and address documented public-health risks (suicide, unintentional shootings, theft, child access).

Who stands to gain

• gun safe and storage device manufacturers
• gun dealers (inventory requirement may increase sales)
• taxpayers purchasing gun safes (tax credit beneficiaries)

Named in the bill

Federal firearms licensees (gun dealers), Attorney General, Internal Revenue Service, Title 18 United States Code (federal firearms law), Internal Revenue Code of 1986

Where it stands

5 cosponsors: 5 Democrats.

• Feb 12, 2025 — Introduced · Congress.gov: “Introduced in House”
• Feb 12, 2025 — Referred to House Committee on Ways and Means and House Committee on the Judiciary · Congress.gov: “Referred to the Committee on the Judiciary, and in addition to the Committee on Ways and Means, for a period…”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

2 lobbying clients named this bill on 4 disclosure filings across 2 quarters, Dec 2025 to Jun 2026. Those filings disclosed $509,548 in lobbying spend. A filing names 88 bills on average, so that figure is what each filing reported, not a share belonging to this bill.

More lobbying clients named this bill than 41% of bills with at least one filing.

Mikie Sherrill, the sponsor, reported $-3,200 in PAC receipts in the 2026 cycle.

• National Association for Gun Rights — $429,548 on 2 filings
• Brady Campaign to Prevent Gun Violence — $80,000 on 2 filings

Lobbying Disclosure Act filings through Jul 22, 2026. A filing shows who paid to lobby on a bill it names, not what changed.