Print

News >> Browse Articles >> Fire & Rescue News

Rate

Fire Sprinkler Incentive Act Introduced in the Senate

Fire Sprinkler Incentive Act Introduced in the Senate

Congressional Fire Services Institute

Congressional Fire Services Institute

February 02, 2010

On January 22nd, Senators Tom Carper (DE) and Susan Collins (ME) introduced the Fire Sprinkler Incentive Act in the Senate. This bill would amend the Internal Revenue Code of 1986 to classify automatic fire sprinkler systems as 5-year property for purposes of depreciation.

The bill, S. 2947, was referred to the Senate Finance Committee for consideration. Both Senator Carper and Senator Collins are co-chairs of the Congressional Fire Services Caucus.

“Senator Carper and Senator Collins are to be commended for introducing the Fire Sprinkler Incentive Act in the Senate,” said CFSI Executive Director Bill Webb. “Passage of this legislation can have a significant impact in reducing the number of deaths and injuries caused by fire.”

On February 25, 2009, Congressman Jim Langevin (RI-2) introduced similar legislation, H.R. 1194, in the House of Representatives. The House version currently has 111 co-sponsors and was referred to the House Committee on Ways and Means.


Recent Activity

Photo_user_blank_big
EboneeJ gave a thumbs up to The Quiz "What is your Firefighter IQ?", about 2 hours ago.
Photo_user_blank_big
EboneeJ received the quiz result of "51-75% correct", about 3 hours ago.
Photo_user_blank_big
jemma8054 commented on: "jemma jemma", 1 day ago.
Photo_user_blank_big
jemma8054 commented on: "jemma jemma", 1 day ago.
Photo_user_blank_big
richalabe commented on: "richal abe", 1 day ago.