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Started By
Message
New LA law always for $500 credit towards purchase of a gun safe
Posted on 8/18/23 at 9:29 pm
Posted on 8/18/23 at 9:29 pm
LINK
It’s Mandy Landry’s bill but gets you $500 tax credit. I’ve been thinking about buying another safe for ammo. Might go ahead and pull the trigger.
It’s Mandy Landry’s bill but gets you $500 tax credit. I’ve been thinking about buying another safe for ammo. Might go ahead and pull the trigger.
quote:
House Bill 247, sponsored by state Rep. Mandie Landry (D-New Orleans) and Rep. Alonzo Knox (D-New Orleans), would allow for a $500 tax credit for those who buy safety equipment. Recent data shows statewide, at least 49 children have died from a gun-related accident since 2015.
6
Posted on 8/18/23 at 9:40 pm to lsufan1971
Horrible journalism as usual. Credit capped at $500,000 per year on first come basis. They don’t mention that significant fact.
Posted on 8/18/23 at 10:02 pm to Curdoglsu
Well crap, I’ll never get that then…
Posted on 8/18/23 at 11:06 pm to Curdoglsu
quote:So how does that work? $500 tax credit to the first 1000 people who buy safes in the year or the people who bought safes anytime during the year but were among the first 1000 to file their tax returns?
Horrible journalism as usual. Credit capped at $500,000 per year on first come basis. They don’t mention that significant fact.
Posted on 8/19/23 at 3:06 am to Tiger Prawn
quote:
So how does that work? $500 tax credit to the first 1000 people who buy safes in the year or the people who bought safes anytime during the year but were among the first 1000 to file their tax returns?
Looks like the first 1,000 filers. And if more than 1,000 file on the first day, then the $500,000 would be prorated between all of the first day filers. Furthermore, requests that exceed the $500,000 cap will be treated as having been applied on the first day of the subsequent year. That will certainly also create a pro-rated situation.
HB 247
Posted on 8/19/23 at 7:00 am to lsufan1971
Does this only kick in if you owe - reduces payment that you owe after filing taxes? Or does it actually pay you money back even if the state owes you money after filing? I’m in the market for a safe in the next few months.
Posted on 8/19/23 at 8:00 am to lsufan1971
quote:
sponsored by state Rep. Mandie Landry (D-New Orleans) and Rep. Alonzo Knox (D-New Orleans)
A bill sponsored by two democrats? Nice attempt at a back door to gun registry. I'm sure all gun safe recipients will be documented. Buy a gun safe, write them down as a gun owner.
Seriously, if it puts a gun safe in a poor family's house and prevents a young child from dying, it's a great move.
Posted on 8/19/23 at 8:49 am to lsufan1971
quote:
$500 tax credit
Pretty much useless when the demographic that needs to do the most here isn't paying much, if any, taxes anyway....
Posted on 8/19/23 at 11:37 am to lsufan1971
Another gun owner list.
Posted on 8/19/23 at 12:21 pm to lsufan1971
Gun safes are a good idea?
Posted on 8/19/23 at 3:02 pm to TBoy
Of course gun safes are a good idea. Keep all but the ones you’ll “need” quickly in there. Have that one in a small quick access safe. Or whatever you like. Also great when leaving on vacation.
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