HR 1792

112th CONGRESS
1st Session

H. R. 1792

To amend the Internal Revenue Code of 1986 to include automated fire sprinkler systems as section 179 property and classify certain automated fire sprinkler systems as 15-year property for purposes of depreciation.

IN THE HOUSE OF REPRESENTATIVES

May 5, 2011

Mr. SCHOCK (for himself and Mr. LANGEVIN) 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 include automated fire sprinkler systems as section 179 property and classify certain automated fire sprinkler systems as 15-year property for purposes of depreciation.

SECTION 1. SHORT TITLE.

SEC. 2. AUTOMATED FIRE SPRINKLER SYSTEMS TREATED AS SECTION 179 PROPERTY.

SEC. 3. CLASSIFICATION OF CERTAIN AUTOMATED FIRE SPRINKLER SYSTEMS.

39'.

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