To amend the Internal Revenue Code of 1986 to classify certain automatic fire sprinkler system retrofits as 15-year property for purposes of depreciation.
High Rise Fire Sprinkler Incentive Act of 2021
This bill classifies any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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