HB 2 Safe Storage Tax Credit Act
Summary
Georgia House Bill 2 proposes to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated relating to income taxes. The bill would create a tax credit for certain eligible expenses incurred for firearm safe storage devices. The legislation establishes an aggregate annual cap, requires tax credit preapproval by the Georgia Department of Revenue, and provides for rules and regulations. The bill includes an automatic repeal provision.
What changed
HB 2 proposes to amend Georgia's income tax code to provide a tax credit for eligible expenses incurred for firearm safe storage devices. The bill establishes conditions including an aggregate annual cap, preapproval requirements by the Georgia Department of Revenue, and rules and regulations to be promulgated. An automatic repeal provision is included. The bill is currently in the House Second Readers stage.
Affected parties including consumers who purchase firearm safe storage devices and retailers selling such products should monitor the legislative progress. Manufacturers of qualifying safe storage devices may benefit from increased demand if the credit is enacted. The bill requires compliance with Department preapproval procedures to claim the credit.
What to do next
- Monitor legislative progress
- Contact Georgia House Ways & Means Committee with input
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
HB 2
Safe Storage Tax Credit Act; enact
- Current Version
Sponsors
| No. | Name | District |
|---|---|---|
| 1. | Au, Michelle | 50th |
| 2. | Oliver, Mary Margaret | 84th |
| 3. | Crawford, Omari | 89th |
| 4. | Neal, Yasmin | 79th |
| 5. | Westbrook, Anne Allen | 163rd |
| 6. | Sanchez, Gabriel | 42nd |
Committees
House Committee: Ways & Means Senate Committee: N/A
First Reader Summary
A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to provide for a tax credit for certain eligible expenses incurred for firearm safe storage devices; to provide for an aggregate annual cap; to provide for definitions; to provide for terms and conditions; to provide for tax credit preapproval by the department; to provide for rules and regulations; to provide for a short title; to provide for automatic repeal; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Status History
| Date | Status |
|---|---|
| 01/15/2025 | House Second Readers |
| 01/14/2025 | House First Readers |
| 01/13/2025 | House Hopper |
Footnotes
No Footnotes available.
Votes
| Date | Vote No. | Yea | Nay | NV | Exc |
|---|---|---|---|---|---|
| No Votes available. |
Related changes
Get daily alerts for GA State Legislature
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from GA Legis.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when GA State Legislature publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.