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- S.1163
S.1163: Fire Sprinkler Incentive Act
About This Bill
- Introduced June 13, 2013
- Latest Major Action June 13, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (2 Democrats, 2 Republicans)
Bill Summary
Fire Sprinkler Incentive Act - Amends the Internal Revenue Code to allow: (1) 100% expensing in a current taxable year of the cost of automated fire sprinkler system retrofit property, as defined by this Act; and (2) accelerated depreciation (i.e., a 15-year recovery period) of automated fire sprinkler system retrofit property that is installed in a building or structure where the floor of any occupiable story is greater than 75 feet above the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 13, 2013 |
Read twice and referred to the Committee on Finance.
|
| June 13, 2013 |
Introduced in the Senate by Thomas R. Carper (D-Del.) |