Section 1 Short title
This Act may be cited as the “Secure Firearms Act of 2013”.
Secure Firearms Act of 2013
A BILL
To amend the Internal Revenue Code of 1986 to provide for a deduction for the purchase of secure gun storage or safety device for the securing of firearms.
Sec. 2 Deduction for safe storage device for the securing of firearms
In general— Part VII of subchapter B of chapter I of the Internal Revenue Code of 1986 (relating to additional itemized deductions for individuals) is amended by redesignating section 224 as section 225 and by inserting after section 223 the following new section:
“224. Secure gun storage or safety device
“(a) In general—In the case of an individual, there shall be allowed as a deduction for the taxable year an amount equal to the amount paid by the taxpayer for secure gun storage or safety devices that are placed into service by the taxpayer during the taxable year for the securing of firearms.
“(b) Limitation—The amount allowed as a deduction under subsection (a) for any taxable year shall not exceed $1,200.
“(c) Secure gun storage or safety device—For purposes of this section, the term secure gun storage or safety device means—
“(1) a device that, when installed on a firearm, is designed to prevent the firearm from being operated without first deactivating the device, or
“(2) a safe, gun safe, gun case, lock box, or other device that is designed to be or can be used to store a firearm and that is designed to be unlocked only by means of a key, a combination, or other similar means.
“(d) Use of information—No database identifying gun owners may be created using information from tax returns on which the deduction under this section is claimed.
“(e) Termination—This section shall not apply to any amount paid after December 31, 2014.”
Clerical amendment— The table of sections for part VII of subchapter B of chapter 1 of such Code is amended by striking the item relating to section 224 and inserting the following:
Effective Date— The amendments made by this section shall apply to taxable years beginning after December 31, 2012.
Sec. 3 Offset
Section 524(c) of title 28, United States Code, is amended by adding at the end the following:.
“(12) In each fiscal year, an amount equal to the sum of all amounts allowed as a deduction under section 224 of Internal Revenue Code of 1986 in the prior taxable year shall be rescinded from the Fund from the amounts deposited in the Fund in that fiscal year.”