Stimulus Package Benefits to Security Sales and Upgrades
COVID-19 Stimulus Law “Phase 3”
- March 31, 2020
As March comes to a close, we’re seeing the contents of a major stimulus package signed into law, unpacked and interpreted by businesses throughout the United States. Phase 3 of the Coronavirus assistance package introduces several significant benefits to the Security Industry, which should benefit both installing dealers and facility owners/managers. Some of these changes enable businesses to write off costs associated with interior improvements to a facility, instead of having to depreciate those improvements over the 39-year life of a building.