Montana SB531 provides a tax credit for purchasing a firearm safe.
Montana SB531 establishes a tax credit for the purchase of a firearm safe, up to $300 per taxpayer per tax year. The safe must meet specific criteria, including a locking system with at least 10,000 combinations and steel construction. The credit is intended to encourage safe firearm storage and promote community safety. The bill also mandates a review of the credit's effectiveness and impact by the revenue interim committee.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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