Senate
Jan 22, 2010A bill to amend the Internal Revenue Code of 1986 to classify automatic fire sprinkler systems as 5-year property for purposes of depreciation.
Summary
Official
Fire Sprinkler Incentive Act of 2010 - Amends the Internal Revenue Code to classify automatic fire sprinkler systems as five-year depreciable property. Makes this Act applicable to property placed in service after April 11, 2003.
Bill Progress
Bill has been introduced and assigned a number
Introduced(1/22/10)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
TC
Mr. Carper
(D) DE
Cosponsors (7)
Topics
Latest Action
Read twice and referred to the Committee on Finance.
Jan 22, 2010