3.0.042342024-08-16T18:06:55Z2024-08-16T18:06:55ZSenateSS2024-05-01118ssfi00Finance CommitteeSenateStandingReferred to2024-05-01T21:55:28ZHigh Rise Fire Sprinkler Incentive Act of 20241188135HR2024-04-26Referred to the House Committee on Ways and Means.Identical billCRS2024-05-01ssfi00Finance CommitteeSenateRead twice and referred to the Committee on Finance.IntroReferral2024-05-01Introduced in SenateIntroReferral100009Library of CongressB001267Sen. Bennet, Michael F. [D-CO]MichaelBennetDCONC001035Sen. Collins, Susan M. [R-ME]SusanCollinsRMEM.2024-05-01TrueTaxationTaxation2024-08-05T14:41:49Z002024-05-01Introduced in Senate2024-08-16T18:05:43ZHigh 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.
]]>High Rise Fire Sprinkler Incentive Act of 2024Display Title45High Rise Fire Sprinkler Incentive Act of 20242024-06-10T23:23:14ZShort Title(s) as Introduced101High Rise Fire Sprinkler Incentive Act of 20242024-06-10T23:23:14ZIntroduced in SenateISOfficial Title as Introduced6A bill to amend the Internal Revenue Code of 1986 to classify certain automatic fire sprinkler system retrofits as 15-year property for purposes of depreciation.2024-06-10T23:18:18ZIntroduced in SenateISIntroduced in Senate2024-05-01T04:00:00Zhttps://www.govinfo.gov/content/pkg/BILLS-118s4234is/xml/BILLS-118s4234is.xml2024-05-01Read twice and referred to the Committee on Finance.text/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.Congressional Research Service, Library of CongressThis file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.