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Bill > S07294
NY S07294
NY S07294Enacts the residential structure fire prevention act of 2020; provides a tax credit to homeowners who remove cock loft fire hazards in their homes; provides an insurance discount for the installation of smoke detecting alarm devices in cock lofts; provides that the repair of cock lofts for the purpose of fire prevention and safety shall be qualifying expenditures under state housing programs.
summary
Introduced
01/16/2020
01/16/2020
In Committee
01/16/2020
01/16/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Enacts the residential structure fire prevention act of 2020; provides a tax credit to homeowners who remove cock loft fire hazards in their homes; provides an insurance discount for the installation of smoke detecting alarm devices in cock lofts; provides that the repair of cock lofts for the purpose of fire prevention and safety shall be qualifying expenditures under state housing programs.
AI Summary
This bill enacts the Residential Structure Fire Prevention Act of 2020, which provides several measures to address fire hazards in homes. It offers a tax credit to homeowners who remove "cock loft" fire hazards, defined as a completely enclosed space between rafters and a suspended ceiling. It also requires insurance companies to provide a premium discount for the installation of smoke detecting alarm devices in cock lofts. Additionally, the bill specifies that the repair of cock lofts for fire prevention and safety purposes shall be a qualifying expenditure under state housing programs.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/16/2020)
Official Document
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