High Rise Fire Sprinkler Incentive Act of 2024
Last action on Mar 26, 2026Read twice and referred to the Committee on Agriculture, ...
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Summary
High Rise Fire Sprinkler Incentive Act of 2024
This bill classifies any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation using the straight line method. Such property is installed for use in residential property.
Lifecycle of the Bill
Introduced in Senate
Mar 26, 2026
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Mar 26, 2026
