Home/Bills/S 7248New York · 2025–2026 Legislative Session
Senate BillIntroduced

S 7248: Establishes up to a $500 personal income tax credit for the purchase of a gun safe.

New York · Senate · 2025–2026 Legislative Session · last verified January 10, 2026

What S 7248 does, verified January 10, 2026

The bill aims to establish a personal income tax credit for the purchase of a gun safe. A taxpayer is allowed a credit against the tax imposed for the amount incurred during the taxable year for the purchase of a gun safe. The credit cannot exceed five hundred dollars in any taxable year and may be claimed not more frequently than once every ten taxable years. If the credit exceeds the taxpayer's tax for the year, the excess is treated as an overpayment of tax and can be credited or refunded without interest. The bill takes effect immediately and applies to the taxable year it takes effect and all subsequent taxable years.

Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (2026-01-07)Alert me
Quick answers about S 7248
What is the current status of S 7248?
As of January 10, 2026, S 7248 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS".
Did S 7248 pass?
Not yet. S 7248 has been introduced and has not passed either house.
Who wrote S 7248, and where is it now?
S 7248 was authored by Sen. Andrew Lanza. Its committee of record is Senate Investigation & Government Operations.
Recent actions2 total · showing 2
Jan. 07, 2026REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Apr. 07, 2025REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Latest bill textIntroduced version, April 7, 2025 · 317 words
  
  STATE OF NEW YORK ________________________________________________________________________ 7248 2025-2026 Regular Sessions  IN SENATE April 7, 2025 ___________ Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to establishing a personal income tax credit for the purchase of a gun safe The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (qqq) to read as follows: 3 (qqq) Gun safe credit. (1) Allowance of credit. A taxpayer shall be 4 allowed a credit against the tax imposed by this article for the amount 5 incurred by the taxpayer during the taxable year for the purchase of a 6 gun safe. 7 (2) Credit limitation. The amount of the credit that may be claimed by 8 a taxpayer pursuant to this subsection shall not exceed five hundred 9 dollars in any taxable year, and such credit may be claimed not more 10 frequently than once every ten taxable years. 11 (3) Application of credit. If the amount of the credit under this 12 subsection for a taxable year shall exceed the taxpayer's tax for such 13 year, the excess shall be treated as an overpayment of tax to be credit- 14 ed or refunded in accordance with the provisions of section six hundred 15 eighty-six of this article; provided, however, that no interest shall be 16 paid thereon. 17 § 2. This act shall take effect immediately, and shall apply to the 18 taxable year in which it takes effect and all subsequent taxable years. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11461-01-5 
Text of S 7248 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions
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