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S3908Senate2015-2016 SessionSame asA5607

Relates to providing a tax credit for the purchase of gun safety equipment

Sponsor Kathleen A. MarchioneSD-43+1 co-sponsorAffects Legal
Status
In Senate Committee
Investigations And Government Operations
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Investigations And Government Operations

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Who cares

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Sponsors

Primary sponsor
Kathleen A. Marchione

Senator · Senate District 43

Chair, Local Government

1 Co-sponsor

History

  1. Amend by restoring to original print 3908
  2. Print number 3908a
  3. Amend and recommit to investigations and government operations
  4. Referred to investigations and government operations
  5. Referred to investigations and government operations

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A5607Assembly

Relates to providing a tax credit for the purchase of gun safety equipment

In Assembly Committee · Ways And Means · Sponsor Brian Kavanagh

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S3908

Title of bill

An act to amend the tax law, in relation to providing a tax credit for the purchase of items relating to firearm safety

Purpose

To provide a tax credit to those that purchase gun safety equipment such as safes and vaults, or safety and trigger locks.

Summary of provisions

Section 1 amends tax law by adding a new subsection (ccc) providing a twenty-five percent tax credit, "not to exceed five hundred dollars per year, for the purchase of gun safes and vaults, firearm safety locks, trigger locks, and other such items designed to ensure the safe handling and storage of firearms.

Sections 2 is the effective date.

Justification

Gun safes and vaults provide a mechanism to keep guns out of unwanted hands, both children and buglers. In addition, safety and trigger locks render them unusable to anyone other than the owner. This legislation provides an incentive for those that own guns to keep them out of the reach of unwanted hands, and to prevent accidental firing or use by anyone who could have stolen such a weapon. This legislation is a practical way to encourage gun owners to invest in gun safes and locks. Storing firearms safely helps prevent them from falling into the wrong hands and protects against gun accidents resulting from misuse. Nearly one-third of all violent crime in the United States is committed with guns stolen from the homes of law abiding Americans. This legislation should unite people from all ideologies concerned with protecting the welfare of children and securing homes.

Legislative history

S.1065-A/A.771-A Referred to Senate Investigations and Government Operations Committee; S.231A/A5832A of 2011-2012 Reported and Committed to Finance; S.2153/ A.7054 of 2009/2010 Referred to Senate Investigations and Government Operations Committee; S.955 of 2007/2008 Referred to Senate Investigations and Government Operations Committee; S.6770 of 2005-2006 Referred to Senate Investigations and Government Operations Committee.

Fiscal implications

Minimal.

Effective date

Immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.