Introduced
H. R. 173
Introduced in House · February 4, 2025January 3, 2025
Ms. Malliotakis introduced the following bill; which was referred to the Committee on Ways and Means
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “High Rise Fire Sprinkler Incentive Act of 2025”.