High Rise Fire Sprinkler Incentive Act of 2019 This bill amends the Internal Revenue Code to classify any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Business investment and capitalFiresIncome tax deductionsResidential rehabilitation and home repair
High Rise Fire Sprinkler Incentive Act of 2019
USA116th CongressHR-4685| House
| Updated: 10/15/2019
High Rise Fire Sprinkler Incentive Act of 2019 This bill amends the Internal Revenue Code to classify any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.