Politiparty
Politiparty

118th Congress Taxation

S. 4234: High Rise Fire Sprinkler Incentive Act of 2024

Introduced

  1. Introduced (completed)May 1, 2024
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, May 1, 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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Michael Bennet D-CO SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Michael Bennet

History

  1. May 1, 2024Introduced in the Senate by Michael Bennet.
Show the full action history (2 actions)
  1. May 1, 2024Introduced in Senate
  2. May 1, 2024Read twice and referred to the Committee on Finance.