The purpose of this legislation is to encourage the safe storage of firearms by providing a financial incentive for individuals to purchase gun safes. It aims to reduce the risk of unauthorized access to firearms, thereby promoting safety in homes and communities. The key provision of the law is the introduction of a refundable tax credit for the purchase of gun safes. Individuals can receive a credit equal to 90 percent of the amount they spend on a gun safe, up to a maximum of $500 for individual taxpayers and ,000 for those filing jointly.