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United States · Bill · S

S. 1163 (113th)

Fire Sprinkler Incentive Act

referredUnited States· United States Congress· EN

Introduced

13 June 2013

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Fire Sprinkler Incentive Act - 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 above the lowest level of fire department vehicle access and that has a certain classification by the National Fire Protection Association.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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