H.R. 4685 · 116th Congress
High Rise Fire Sprinkler Incentive Act of 2019
- Stage
- In committee
- Sponsor
- Bill Pascrell
- Introduced
- 2019-10-15
- Latest action
- 2019-10-15 · Introduced in House
Summary
High Rise Fire Sprinkler Incentive Act of 2019
This bill amends the Internal Revenue Code to classify any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.