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- H.R.3591
H.R.3591: Fire Sprinkler Incentive Act
About This Bill
- Introduced Sept. 22, 2015
- Latest Major Action Sept. 22, 2015
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
27 (19 Democrats, 8 Republicans)
Bill Summary
Fire Sprinkler Incentive Act This bill 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sept. 22, 2015 |
Referred to the House Committee on Ways and Means.
|
Sept. 22, 2015 |
Introduced in the House by Tom Reed (R-N.Y.) |