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 using the straight line method. Such property is installed for use in residential property.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
President
Introduced May 1, 2024
Last action May 1, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 1, 2024
Committee
Read twice and referred to the Committee on Finance.
upper
May 1, 2024
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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