S.Amdt. 2617
What it does: Adds SEC. __. CLASSIFICATION OF AUTOMATIC FIRE SPRINKLER SYSTEMS at the end of title IVWhat it changes
1 change to S. 2020 · shown in the bill's text
Adds SEC. __. CLASSIFICATION OF AUTOMATIC FIRE SPRINKLER SYSTEMS at the end of title IV
Adds a sectionIn S. 2020 · Placed on Calendar Senate
(d) Effective Date.--The amendments made by this section shall apply to amounts paid or accrued during the period beginning after December 31, 2006, and before January 1, 2008, and properly allocable to such period, with respect to mortgage insurance contracts issued after December 31, 2006.
Inserted: SEC. __. CLASSIFICATION OF AUTOMATIC FIRE SPRINKLER SYSTEMS.
Inserted: (a) In General.--Subparagraph (B) of section 168(e)(3) (relating to 5-year property) is amended by striking "and" at the end of clause (v), by striking the period at the end of clause (vi) and inserting ", and ", and by adding at the end the following:
Inserted: "(vii) any automatic fire sprinkler system placed in service after the date of the enactment of this clause in a building structure which was placed in service before such date of enactment.".
Inserted: (b) Alternative System.--The table contained in section 168(g)(3)(B) (relating to special rule for certain property assigned to classes) is amended by inserting after the item relating to subparagraph (B)(iii) the following:
Inserted: "(B)(vii).........................................................7".
Inserted: (c) Definition of Automatic Fire Sprinkler System.--Subsection (i) of section 168 is amended by adding at the end the following:
Inserted: "(18) Automated fire sprinkler system.--The term 'automated fire sprinkler system' means those sprinkler systems classified under one or more of the following publications of the National Fire Protection Association--
Inserted: "(A) NFPA 13, Installation of Sprinkler Systems,
Inserted: "(B) NFPA 13 D, Installation of Sprinkler Systems in One and Two Family Dwellings and Manufactured Homes, and
Inserted: "(C) NFPA 13 R, Installation of Sprinkler Systems in Residential Occupancies up to and Including Four Stories in Height.".
Inserted: (d) Effective Date.--The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.
Original wording
At the end of title IV, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2617. Mr. SANTORUM submitted an amendment intended to be proposed by him to the bill S. 2020, to provide for reconciliation pursuant to section 202(b) of the concurrent resolution on the budget for fiscal year 2006; which was ordered to lie on the table; as follows:
At the end of title IV, insert the following:
SEC. __. CLASSIFICATION OF AUTOMATIC FIRE SPRINKLER SYSTEMS.
(a) In General.--Subparagraph (B) of section 168(e)(3) (relating to 5-year property) is amended by striking “and” at the end of clause (v), by striking the period at the end of clause (vi) and inserting “, and ”, and by adding at the end the following:
“(vii) any automatic fire sprinkler system placed in service after the date of the enactment of this clause in a building structure which was placed in service before such date of enactment.”.
(b) Alternative System.--The table contained in section 168(g)(3)(B) (relating to special rule for certain property assigned to classes) is amended by inserting after the item relating to subparagraph (B)(iii) the following:
“(B)(vii).........................................................7”.
(c) Definition of Automatic Fire Sprinkler System.--Subsection (i) of section 168 is amended by adding at the end the following:
“(18) Automated fire sprinkler system.--The term ‘automated fire sprinkler system' means those sprinkler systems classified under one or more of the following publications of the National Fire Protection Association--
“(A) NFPA 13, Installation of Sprinkler Systems,
“(B) NFPA 13 D, Installation of Sprinkler Systems in One and Two Family Dwellings and Manufactured Homes, and
“(C) NFPA 13 R, Installation of Sprinkler Systems in Residential Occupancies up to and Including Four Stories in Height.”.
(d) Effective Date.--The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.
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Senate amendment submitted
November 17, 2005