High Rise Fire Sprinkler Incentive Act of 2024

United States118th CongressS-4234Senate
Updated: May 1, 2024

Summary

High Rise Fire Sprinkler Incentive Act of 2024 This bill classifies any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation using the straight line method. Such property is installed for use in residential property.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-8135: High Rise Fire Sprinkler Incentive Act of 2024

Introduced in House

  1. Read twice and referred to the Committee on Finance.

    Senate

  2. Introduced in Senate

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