Summary: H.R.4685 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4685. Bill summaries are authored by CRS.

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Introduced in House (10/15/2019)

High Rise Fire Sprinkler Incentive Act of 2019

This bill amends the Internal Revenue Code to classify any automatic fire sprinkler system retrofit property as 15-year property for purposes of accelerated depreciation.