H.R. 2107 — To amend the Internal Revenue Code of 1986 to allow a credit for the cost of installing automatic fire sprinkler systems in certain buildings.

Summary

Amends the Internal Revenue Code to allow a general business credit for the cost of installing an automatic sprinkler system in a qualified building, but only if such installation is not in connection with the original construction of such building.

Allows a deduction for such unused credits.

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Legislative Actions

1993-05-12
Introduced in House
1993-05-12
Introduced in House
1993-05-12
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to allow a credit for the cost of installing automatic fire sprinkler systems in certain buildings.

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