House Bill 4685
116th Congress(2019-2020)
High Rise Fire Sprinkler Incentive Act of 2019
Introduced
Introduced in House on Oct 15, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4685
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
High Rise Fire Sprinkler Incentive Act of 2019
This bill amends the Internal Revenue Code to classify any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.
October 15, 2019
10/15/2019
Referred to the House Committee on Ways and Means.
10/15/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:49:40 PM