S 4234 118th Congress Senate Taxation Business investment and capital Fires Income tax deductions Residential rehabilitation and home repair

High Rise Fire Sprinkler Incentive Act of 2024

Introduced: May 1, 2024 Introduced by: Bennet, Michael F. Democratic · Colorado See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 1, 2024

Read twice and referred to the Committee on Finance.

May 1, 2024

Introduced in Senate

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Plain-English summary Congressional Research Service

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.

What's happening now May 1, 2024

Read twice and referred to the Committee on Finance.

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Finance Committee
Senate

Cosponsors 1

Collins, Susan M.

Maine · May 1, 2024

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APA

U.S. Congress. (2026). S. 4234: High Rise Fire Sprinkler Incentive Act of 2024. 118th Congress. Open America. https://openamerica.io/bill/118-S-4234/

MLA

"S. 4234: High Rise Fire Sprinkler Incentive Act of 2024." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-4234/.

Bluebook (legal)

S. 4234, 118th Cong. (2026), https://openamerica.io/bill/118-S-4234/.

Markdown link

[S. 4234: High Rise Fire Sprinkler Incentive Act of 2024](https://openamerica.io/bill/118-S-4234/)