Eradicates barriers that prevent the voluntary installation of sprinkler systems in private residences by promoting education regarding the effectiveness of residential fire sprinklers.

Provides financial and regulatory incentives to homeowners, builders, and water purveyors for voluntarily installing the systems.

Exempts a water company from liability for damages resulting from shutting off water to a residential home with an installed fire sprinkler system if the shut off is due to routine maintenance, nonpayment by the customer, or water system emergencies.