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House circles tax-credit bill for gun-storage safes after questions about a cap

Utah House of Representatives · January 25, 2001
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representative Bennion’s proposal for a $150 tax credit for residential security containers was circled after members raised concerns about an uncapped program; sponsors said the credit is retroactive to Jan. 1 and carries a modest fiscal note.

House Bill 222, which would create a $150 individual income tax credit for the purchase of a residential security container (classified under Underwriters Laboratories as a weapon safe), was presented and then circled for further consideration on Jan. 25.

Sponsor Representative Bennion said the credit is retroactive to Jan. 1 for the fiscal…

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