Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.602
S.602: Fire Sprinkler Incentive Act
About This Bill
- Introduced March 9, 2017
- Latest Major Action March 9, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (5 Democrats, 2 Republicans)
Bill Version
- Introduced in Senate - March 9, 2017
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 bill; and (2) accelerated depreciation (i.e., a 15-year recovery period) of automated fire sprinkler system retrofit property that has a certain classification by the National Fire Protection Association and is installed in a building...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 9, 2017 |
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1748-1749)
|
| March 9, 2017 |
Introduced in the Senate by Susan Collins (R-Maine) |