Fire Sprinkler Incentive Act
Sponsored By: Representative Reed, Tom [R-NY-23]
Unknown
Summary
Fire Sprinkler Incentive Act This bill 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.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Reed, Tom [R-NY-23]
NY • R
Cosponsors
Rep. Langevin, James R. [D-RI-2]
RI • D
Sponsored 9/22/2015
Rep. Collins, Chris [R-NY-27]
NY • R
Sponsored 10/20/2015
PETER KING
NY • R
Sponsored 10/20/2015
Rep. Larson, John B. [D-CT-1]
CT • D
Sponsored 10/20/2015
Rep. Cooper, Jim [D-TN-5]
TN • D
Sponsored 10/20/2015
Rep. Johnson, Bill [R-OH-6]
OH • R
Sponsored 10/23/2015
Sen. Van Hollen, Chris [D-MD]
MD • D
Sponsored 10/23/2015
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 11/17/2015
FRANK LOBIONDO
NJ • R
Sponsored 11/17/2015
Rep. Dold, Robert J. [R-IL-10]
IL • R
Sponsored 12/1/2015
Rep. Johnson, Henry C. "Hank" [D-GA-4]
GA • D
Sponsored 12/1/2015
CHARLES RANGEL
NY • D
Sponsored 2/3/2016
Rep. Murphy, Tim [R-PA-18]
PA • R
Sponsored 3/7/2016
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 3/7/2016
Rep. Comstock, Barbara [R-VA-10]
VA • R
Sponsored 3/17/2016
Rep. MacArthur, Thomas [R-NJ-3]
NJ • R
Sponsored 5/18/2016
Rep. Lynch, Stephen F. [D-MA-8]
MA • D
Sponsored 6/28/2016
Rep. Ruppersberger, C. A. Dutch [D-MD-2]
MD • D
Sponsored 11/14/2016
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 12/5/2016
Rep. Swalwell, Eric [D-CA-14]
CA • D
Sponsored 12/5/2016
Rep. Courtney, Joe [D-CT-2]
CT • D
Sponsored 12/5/2016
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 12/5/2016
Rep. DeSaulnier, Mark [D-CA-10]
CA • D
Sponsored 12/5/2016
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 12/5/2016
Rep. Garamendi, John [D-CA-8]
CA • D
Sponsored 12/5/2016
Rep. Ashford, Brad [D-NE-2]
NE • D
Sponsored 12/5/2016
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 12/5/2016
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov