legislation: 113-hr-5622

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
113-hr-5622 113 hr 5622 Fire Sprinkler Incentive Act Taxation 2014-09-18 2014-09-18 Referred to the House Committee on Ways and Means. House Rep. Langevin, James R. [D-RI-2] RI D L000559 12 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. 2023-01-11T13:25:32Z  

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