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Full Text of HB1790
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HB1790 - 104th General Assembly
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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB1790
Introduced 1/28/2025, by Rep. Maura Hirschauer
SYNOPSIS AS INTRODUCED:
35 ILCS 5/246 new
Amends the Illinois Income Tax Act. Creates an income tax credit for
the eligible purchase of a firearm safety device. Effective immediately.
LRB104 09961 HLH 20031 b
A BILL FOR
HB1790
LRB104 09961 HLH 20031 b
1
AN ACT concerning revenue.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5.
The Illinois Income Tax Act is amended by
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adding Section 246 as follows:
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(35 ILCS 5/246 new)
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Sec. 246.
Firearm safety device tax credit.
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(a) As used in this Section:
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"Eligible transaction" means a transaction in which a
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taxpayer purchases one or more firearm safety devices from a
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dealer that is federally licensed pursuant to 18 U.S.C. 923.
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"Firearm" means any handgun, shotgun, rifle, or other
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firearm that will, is designed to, or may be readily converted
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to expel single or multiple projectiles by action of an
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explosion of a combustible material.
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"Firearm safety device" means a safe, gun safe, gun case,
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lock box, or other device that is designed to be or can be used
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to store a firearm and that is designed to be unlocked only by
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means of a key, a combination, or other similar means.
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(b) For taxable years that begin on and after January 1,
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2026 and begin before January 1, 2031, a taxpayer who
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purchases one or more firearm safety devices in an eligible
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transaction during the taxable year may apply to the
HB1790
- 2 -
LRB104 09961 HLH 20031 b
1
Department for a nonrefundable credit against the tax imposed
2
by subsections (a) and (b) of Section 201. The credit shall be
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in the amount of the cost incurred by the taxpayer for the
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purchase of the firearm safety device but not to exceed $300
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per taxpayer in any taxable year. A taxpayer shall be allowed
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only one credit under this Section per taxable year. The
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taxpayer shall apply to the Department in the form and manner
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required by the Department. The aggregate amount of credits
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allowable under this Section shall not exceed $5,000,000 in
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any taxable year. Credits shall be allocated by the Department
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on a first-come, first-served basis.
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(c) In no event shall a credit under this Section reduce
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the taxpayer's liability to less than zero. If the amount of
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the credit exceeds the tax liability for the year, the excess
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may be carried forward and applied to the tax liability of the
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5 taxable years following the excess credit year. The tax
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credit shall be applied to the earliest year for which there is
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a tax liability. If there are credits for more than one year
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that are available to offset a liability, the earlier credit
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shall be applied first.
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(d) The Department shall adopt rules for the
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administration and implementation of the credit under this
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Section.
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Section 99.
Effective date.
This Act takes effect upon
25
becoming law.
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