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S. 504 (IS) - High Rise Fire Sprinkler Incentive Act of 2025

Category
Bills and Statutes
Collection
Congressional Bills
SuDoc Class Number
Y 1.6:
Y 1.4/1:
Congress Number
119th Congress
Congress Session
1st Session
Last Action Date Listed
February 10, 2025
Action
Mr. Bennet (for himself and Ms. Collins) introduced the following bill; which was read twice and referred to the Committee on Finance
Bill Number
S. 504
Bill Version
Introduced in Senate (IS)
Short Title
High Rise Fire Sprinkler Incentive Act of 2025
Full Title
To amend the Internal Revenue Code of 1986 to classify certain automatic fire sprinkler system retrofits as 15-year property for purposes of depreciation.
Sponsors
Michael F. Bennet(CO)
Cosponsors
Susan M. Collins (ME)
Committees
Committee on Finance (Standing)