HB 250

Allowing a credit against the State income tax for the purchase of certain firearm safety devices in an amount equal to the lesser of 100% of the purchase price or $200 during the taxable year; allowing an individual to carry over any excess credit to the next taxable year; requiring the Comptroller to establish a process to issue tax credit certificates; limiting the aggregate allowable amount of credits to $250,000 for any taxable year; and applying the Act to all taxable years beginning after December 31, 2024.

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