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HR 8135 United States House · 118th Congress

High Rise Fire Sprinkler Incentive Act of 2024

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.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProvides tax incentive via accelerated depreciation for fire sprinkler retrofits, aligning with tax relief support for property investments.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
President
Introduced Apr 26, 2024 Last action Apr 26, 2024
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Apr 26, 2024
Committee
Referred to the House Committee on Ways and Means.
lower
Apr 26, 2024
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Pascrell, Jr.
Bill Pascrell, Jr.
DDemocratic
NJ
9
Co
Photo of Gwen Moore
Gwen Moore
DDemocratic
WI
4
Co
Photo of Nicole Malliotakis
Nicole Malliotakis
RRepublican
NY
11