Tax Cut Bill Contains IAFC Priorities

  • Source: International Association of Fire Chiefs
  • Published: 12/21/2017 12:00 AM

Congress today passed the Tax Cuts and Jobs Act (H.R. 1), a comprehensive reform of the U.S. tax code. The IAFC applauds Congress for addressing several important issues affecting the fire and emergency service, including: Fire Sprinklers: Since the devastating 2003 fire at the Station Nightclub in Rhode Island, the IAFC has urged Congress to incentivize business owners to retrofit their properties with fire-sprinkler systems. H.R. 1 provides this important incentive and allows the cost of sprinkler retrofits to be deducted as a Section 179 expense. This tax-policy change will allow countless businesses, restaurants, bars and other establishments to protect their employees and customers.



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