Thread: Another Prong
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Old 01-17-2013, 07:25 PM   #1 (permalink)
tanvil
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Default Another Prong

H.R. 226.

Tax deductions for surrendering your assault weapons.

EC. 25E. ASSAULT WEAPON TURN-IN CREDIT.

``(a) Allowance of Credit.--
``(1) In general.--In the case of an individual who
surrenders a specified assault weapon to the United States or a
State or local government (or political subdivision thereof) as
part of a Federal, State, or local public safety program to
reduce the number of privately owned weapons, on the election
of the taxpayer there shall be allowed as a credit against the
tax imposed by this chapter an amount equal to $2,000.

H.R.226 - Support Assault Firearms Elimination and Reduction for our Streets Act - Bill Text | Congress.gov | Library of Congress
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