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Bill would nurse smart gun development with generous federal tax breaks
Guns.com ^ | 06/15/18 | Chris Egar

Posted on 06/15/2018 6:34:17 AM PDT by Simon Green

A Connecticut Democrat introduced legislation Thursday designed to give all involved with so-called “smart guns” a tax credit in one form or another.

The Start Advancing Firearms Enhancements and Technology Act, introduced as H.R. 6109, would up federal tax credits to cover 100 percent of the research expenses in smart gun technology and, should the firearms become commercially available, exempt smart gun components from long-standing federal excise taxes. The net effect, said the sponsor, would be to both make development less risky and guns cheaper to buy for the consumer.

“If we can incentivize manufacturers to invest in smart gun technology and encourage consumers to buy those products, we can prevent more accidents, reduce violence committed with stolen guns, protect children and bring overall fatalities down,” said U.S. Rep. Jeff Himes in a statement. “And, let’s be very clear, saving lives is the absolute top priority.”

While the language of the legislation is not available, the Congressman’s office said the bill will increase the tax credit for R&D into firearm technology that incorporates biometric or fingerprint locks and radio-frequency identification to offset the full cost of investing in its development. The credit would be available for both those already conducting such research in the field as well as to new start-ups.

Further, it would exempt the firearms and their components from the current 10-11 percent federal excise tax assessed against the manufacturer, which Himes said will translate to lower prices for consumers.

Gun control groups who favor smart gun technology say it has been retarded due to “obstructionism by the gun lobby” and the proposed legislation could help produce technological advancements in the field.

“The technology to make firearms more secure already exists, but more investment in safer guns and accessories is needed for these innovations to reach the market and start protecting our children and communities,” said Robyn Thomas with Giffords. “But in order for that idea to become a reality, we must call on entrepreneurs, businesses, and investors to embrace the challenge of using new technology to power safety innovation.”

The trade group for the firearms industry has long-held that they are not opposed to the further development of so-called smart guns – so long as its use is not made a requirement by lawmakers. Laws mandating the sale of smart guns only — such as a dormant example adopted in New Jersey in 2002 — have been repeatedly blamed for the stagnation in the marketing of personalized firearms even while repeated attempts have been made by Democrats in Congress to restrict the sales of traditional guns in favor of those equipped with the budding technology.

It doesn’t help that the only smart gun made available to the domestic market in recent years is a $1,400 .22LR pistol made by a troubled niche company in Germany that proved nearly impossible to review and, ironically, was shown to be easily hacked with a magnet.

Himes’s legislation has been referred to the House Committee on Ways and Means and has no co-sponsors.


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: banglist
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1 posted on 06/15/2018 6:34:18 AM PDT by Simon Green
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To: Simon Green

Sorry, I like my guns dumb as a Democrat. But still much more useful.


2 posted on 06/15/2018 6:39:57 AM PDT by dirtboy
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To: Simon Green

It ain’t “obstructionism by the gun lobby”.....it is refusal to buy on the part of gun consumers. Ask a few street cops if they would prefer such. The ONE application in which I think the “Smart Gun” might be appropriate is if they are given free to school teachers to be worn “open carry”.

I’d never buy such a beast for my own use.


3 posted on 06/15/2018 6:39:58 AM PDT by Wonder Warthog (The Hog of Steel and NRA Life Member)
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To: Simon Green

Smart Guns can be tyrned off by the Government to prevent their use by the owner.

Tyranny


4 posted on 06/15/2018 6:40:08 AM PDT by stockpirate (TYRANNY IS THY NAME REBELLION IS OUR ANSWER. HANG THEM ALL!)
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To: Simon Green

No co-sponsors... In other words, even liberals don’t think it has the slightest chance.


5 posted on 06/15/2018 6:40:56 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: Simon Green
"smart guns" will NEVER SELL.

As with all attempts at gun control, it would have to be mandated and could only work if all existing weapons were confiscated......itself an event that could only follow licensing or registration.....

oh...and CW-II

6 posted on 06/15/2018 6:41:07 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: Simon Green

Bullcrap. Self driving cars that crash. Smart guns tha decide to fire inadvertently or not fire when they are supposed to and I need to wear a magic ring.

Bullcrap


7 posted on 06/15/2018 6:41:14 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
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To: Simon Green

Smart guns?
Riiiiiiiight.
As possible as smart congresscritters, smart journalists, and smart SJW “professors”.


8 posted on 06/15/2018 6:42:03 AM PDT by Da Coyote
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To: Simon Green

Infringement pure and simple. Check the constitution, bozos.


9 posted on 06/15/2018 6:42:53 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
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To: Simon Green

Because all wireless connections, like bluetooth, always work and work instantly.


10 posted on 06/15/2018 6:43:56 AM PDT by rigelkentaurus
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To: Simon Green

Subsidize it all you want, I will never buy a gun that is designed to not work.


11 posted on 06/15/2018 6:45:51 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here of Citizen Parents__Know Islam, No Peace - No Islam, Know Peace)
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To: Vaquero

What Constitution?

We gave that up on Usurpation Day, January 20, 2009

Barack Obama is NOT a natural born citizen.


12 posted on 06/15/2018 6:48:07 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here of Citizen Parents__Know Islam, No Peace - No Islam, Know Peace)
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To: Simon Green

“Himes’s legislation has been referred to the House Committee on Ways and Means and has no co-sponsors.”

Shove it asswipe.


13 posted on 06/15/2018 6:49:58 AM PDT by Bonemaker (invictus maneo)
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To: Simon Green
Bill would nurse smart gun development with generous federal tax breaks.

The Kakistocracy lives on...
Smart guns for dumb people...

Marijuana use and stoned driving is increasing, too.
Big surprise!

14 posted on 06/15/2018 6:52:09 AM PDT by publius911 ( If we let it, California will lead us all over the cliff.)
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To: Lurkinanloomin

Yeah. Probably true. It has to be brought to court.

I’ll still go under the assumption that that it still exists until shots are fired


15 posted on 06/15/2018 6:54:25 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
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To: Simon Green
My machines should do exactly what I tell them, when I tell them and not argue with me.
The responsibility is mine, and mine alone.

16 posted on 06/15/2018 6:58:02 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: Simon Green

Then some other “smart” ass will come up with a “smart” device that would allow perps to disable your “smart” gun. Not very “smart”.


17 posted on 06/15/2018 6:59:44 AM PDT by FlingWingFlyer (#NotARussianBot)
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To: Simon Green

If they forced every single cop and federal leo to use these or face mandatory jail for not using them, I say let them subsidize them.

Citizens in the free market can then choose.


18 posted on 06/15/2018 7:02:29 AM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Vaquero

EMP will knock out the smart guns.


19 posted on 06/15/2018 7:03:05 AM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Simon Green
So the government will have a backdoor to disable them. And hackers will probably come up with something that makes them go off randomly if carried in condition one.

What a dumb idea. But that's what you get from a connecticut prostitician.

20 posted on 06/15/2018 7:03:55 AM PDT by Sirius Lee (In God We Trust, In Trump We MAGA)
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