High Rise Fire Sprinkler Incentive Act of 2025

Key Points

• Malliotakis introduced a plan to help owners of older high-rise apartment buildings afford life-saving fire sprinklers. The bill changes tax laws so owners can write off the cost of these safety upgrades over 15 years instead of the current 39 years.
• This tax break specifically targets residential buildings where the highest floor is more than 75 feet above the ground. Because retrofitting an old building with pipes and sprinklers is very expensive, this change aims to make the project more financially realistic for property owners.
• The policy addresses a major safety gap in older cities where many tall apartment buildings were constructed before modern fire codes. By speeding up the tax deductions, the government hopes to encourage more landlords and condo boards to install these systems to protect residents.
• If this bill becomes law, the new tax rules would start immediately for any new sprinkler projects. This could help prevent fire-related deaths and property damage in thousands of older high-rise buildings across the United States.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.