1. Short title This Act may be cited as the Start Advancing Firearms Enhancements and Technology Act of 2018 or the SAFETY Act . 2. Enhanced research credit for development of smart gun technologies (a) In general Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 45S the following new section: 45T. Research expenses for smart gun technologies (a) General rule For purposes of section 38, in the case of a taxpayer who is a Federal firearms licensee, the smart gun technology credit determined under this section for the taxable year is an amount equal to 30 percent of the excess of— (1) the smart gun technology expenses for the taxable year, over (2) the base amount. (b) Smart gun technology expenses