H.R. 8877, also known as the "Storing All Firearms Effectively and Safely Act" or "SAFES Act," proposes an amendment to the Internal Revenue Code of 1986 to introduce a refundable tax credit for individuals buying gun safes. The bill offers a 90% credit on the purchase of gun safes, up to...
Simple Explanation
The "SAFES Act" wants to help people keep their guns locked away safely by giving them some of their money back if they buy a new gun safe, but only up to a certain amount. The goal is to make sure everyone can have safe places to keep guns so that only the right people can use them.