S. 4234 seeks to amend the Internal Revenue Code of 1986 to classify certain retrofitted automatic fire sprinkler systems as 15-year property for depreciation purposes. This change aims to provide incentives for installing sprinkler systems by allowing owners faster...
The bill wants to make it easier and cheaper to put fire sprinklers in tall buildings by letting owners pay less tax over time. It says new sprinklers can be counted differently for tax purposes to save money.
H.R. 173 aims to amend the Internal Revenue Code of 1986 to allow certain retrofitted fire sprinkler systems to be classified as "15-year property" for tax depreciation purposes. This means that building owners who install these systems can recover some of their installation...
H.R. 173 is a plan to let building owners save tax money by spreading out the cost of putting in special fire sprinkler systems over 15 years, especially for tall buildings. This helps make important safety upgrades more affordable.
S. 3606 reauthorizes the Earthquake Hazards Reduction Act of 1977 and aims to enhance earthquake preparedness and response in the United States. The bill updates existing provisions by focusing on improving earthquake early warning systems, performance evaluations of buildings, and structural...
S. 3606 is a plan to make sure people and buildings are safer from earthquakes in the United States by giving money to improve warning systems and building checks, while different groups like states and tribes work together to help.
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