General Assembly		Proposed Bill No. 5513
January Session, 2017		LCO No. 1215
		*01215*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. SAMPSON, 80th Dist.

AN ACT ESTABLISHING A TAX CREDIT AGAINST THE PERSONAL INCOME TAX FOR THE PURCHASE OF A GUN SAFE.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 229 of the general statutes be amended to (1) establish a tax credit against the tax imposed under said chapter, in an amount equal to the price paid by a taxpayer, but not to exceed one hundred fifty dollars, for a new safe that (A) is specifically manufactured to store firearms, (B) is constructed of steel or a material of equal or greater strength, (C) has a combination or key lock listed by Underwriter Laboratories, and (D) is for the personal, noncommercial use of the taxpayer, and (2) provide further that such tax credit shall not be refundable or carried forward.

Statement of Purpose:

To establish a tax credit, not to exceed one hundred fifty dollars, against the personal income tax for the purchase of a gun safe for a taxpayer's personal use.