IL HB1790

Creates a nonrefundable Illinois income tax credit for taxpayers who purchase firearm safety devices (safes, gun cases, lock boxes, or other secure storage devices) from federally licensed dealers

Credit equals the cost of the firearm safety device, up to a maximum of $300 per taxpayer per year

Available for taxable years beginning January 1, 2026 through December 31, 2030 (5-year program)

Total credits capped at $5,000,000 per year statewide, allocated on a first-come, first-served basis

Unused credit may be carried forward for up to 5 years to offset future tax liability