HR 1458 · 103th Congress · Taxation
To amend the Internal Revenue Code of 1986 to allow a credit for the cost of installing automatic fire sprinkler systems in certain buildings.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1993-03-24)
Plain Language Summary
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Amends the Internal Revenue Code to allow a general business credit for the cost of installing an automatic sprinkler system in a qualified building. Allows a deduction for such unused credits.…
Summarized by Claude AI · Non-partisan · For informational purposes only