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Bill > A10131
NY A10131
NY A10131Enacts 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
03/12/2020
03/12/2020
In Committee
03/12/2020
03/12/2020
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. Specifically, it: 1) Offers a tax credit to homeowners who remove "cock lofts" (enclosed spaces between rafters and ceilings) that pose fire risks; 2) Requires insurance providers to offer discounts on fire insurance premiums for homes with smoke detectors installed in cock lofts; and 3) Allows the repair of cock lofts for fire prevention to qualify as an eligible expense under state housing programs. The bill aims to incentivize and support homeowners in addressing these potential fire hazards to improve residential fire safety.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 03/12/2020)
Official Document
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