US HB5622 | 2013-2014 | 113th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 10-3)
Status: Introduced on September 18 2014 - 25% progression, died in committee
Action: 2014-09-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 18 2014 - 25% progression, died in committee
Action: 2014-09-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Fire Sprinkler Incentive Act
Sponsors
Rep. James Langevin [D-RI] | Rep. Jim Cooper [D-TN] | Rep. Michael Fitzpatrick [R-PA] | Rep. Raul Grijalva [D-AZ] |
Rep. Rush Holt [D-NJ] | Rep. Steve Israel [D-NY] | Rep. Bill Johnson [R-OH] | Rep. Peter King [R-NY] |
Rep. Ann Kuster [D-NH] | Rep. John Larson [D-CT] | Rep. Eleanor Norton [D-DC] | Rep. Bill Pascrell [D-NJ] |
Sen. Chris Van Hollen [D-MD] |
History
Date | Chamber | Action |
---|---|---|
2014-09-18 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB1163 (Same As) 2013-06-13 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/5622/all-info |
Text | https://www.congress.gov/113/bills/hr5622/BILLS-113hr5622ih.pdf |