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
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Timeline
Latest companion bill action
HR-8135: High Rise Fire Sprinkler Incentive Act of 2024Introduced in House
Read twice and referred to the Committee on Finance.
Senate
Introduced in Senate
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