The
National Fire Sprinkler Association (NFSA) is continuing its four-year effort to pass
legislation that will provide landmark fire protection laws that are destined
to save lives and property.
This bill will allow property owners who retrofit their buildings with fire
sprinklers to accelerate depreciation of the systems and recoup their
investment in a much shorter period of time versus the 39 years currently in
place.
The
National Fire Sprinkler Association (NFSA), the longest-tenured fire sprinkler
advocacy organization in the U.S., is continuing its four-year effort to pass
legislation that will provide landmark fire protection laws that are destined
to save lives and property.
The NFSA has spent the past four years working in conjunction with many allied
support groups in an effort to pass this fire protection legislation. The NFSA
has worked with the Congressional Fire Services Institute as well as both
Senators Gordon Smith (R-OR) and John Rockefeller (D-WV) to prepare the
legislation for re-introduction.
Additionally, the NFSA has been working with Congressmen Jim Langevin (D-RI)
and Eric Cantor (R-VA) on a House version of the bill that will be introduced
soon.Senators Smith, Rockefeller, Jack Reed (D-RI) and Lamar Alexander (R-TN)
teamed up to introduce the Senate version of the Fire Sprinkler Incentive Act
of 2007, bill S 582, in the 110th Congress on Feb. 14,
2007.
This bill will allow property owners who retrofit their buildings with fire
sprinklers to accelerate depreciation of the systems and recoup their
investment in a much shorter period of time versus the 39 years currently in
place. The bill will give property owners a significant incentive to install
fire sprinkler systems on a retrofit basis.
According to the National Fire Protection Association, when sprinklers are
present, the chances of dying in a fire are reduced by one-half to
three-fourths and the average property loss per fire is cut by one-half to
two-thirds, compared to fires where sprinklers are not present.
“This bill will greatly benefit not only members of our organization but also
the general public,” said John Viniello, President of NFSA. “It is proven that
sprinklers save lives and property, but they also lower insurance costs for
owners and create an increased need for materials and installation services by
our members.”