Bill > S02921

This bill enacts the Residential Structure Fire Prevention Act. It provides a tax credit of up to $5,000 for homeowners who remove "cock loft" fire hazards from their homes. It also requires insurance providers to offer a discount on fire insurance premiums for residential properties equipped with smoke detecting alarm devices in cock lofts. The bill further specifies that the repair of cock lofts for fire prevention and safety purposes shall be considered a qualifying expenditure under state housing programs. The key terms in this bill are "cock loft," which refers to a completely enclosed space between rafters and a suspended ceiling, and "fire hazards," which the bill aims to address through various incentives and regulations.