US SB504 | 2025-2026 | 119th Congress
Status
Sponsorship: Bipartisan Bill
Status: Introduced on February 10 2025 - 25% progression
Action: 2025-02-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2025 - 25% progression
Action: 2025-02-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to classify certain automatic fire sprinkler system retrofits as 15-year property for purposes of depreciation.
Title
High Rise Fire Sprinkler Incentive Act of 2025
Sponsors
| Sen. Michael Bennet [D-CO] | Sen. Susan Collins [R-ME] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-10 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB173 (Same As) 2025-01-03 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/senate-bill/504/all-info |
| Text | https://www.congress.gov/119/bills/s504/BILLS-119s504is.pdf |
