SAFE Retail Act of 2024
Latest action · Mar 26, 2024 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Safer American Family Enterprise Retail Act of 2024 or the SAFE Retail Act of 2024
This bill allows small business retailers a tax credit through 2029 for certain retail theft prevention expenditures. The amount of the credit is 50% of such expenditures as exceeds $250 but does not exceed $5,000. Such expenditures include the cost of conducting employee security training and background checks, limiting and preventing access to the personal property to be sold at retail by the business operator, installing security lighting, cameras, recording equipment, and intrusion detection sensors, and implementing a site security plan.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Jun 25, 2024 to Sep 17, 2024.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Jim Costa | Jun 25, 2024 | |
| D-MD | David J. Trone | Jul 23, 2024 | |
| D-CA | Ami Bera | Sep 17, 2024 |
Actions 2
Everything that happened, newest first.
- Mar 26, 2024Introduced in House
- Mar 26, 2024Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 26, 2024Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.