Eradicates barriers that prevent the voluntary installation of sprinkler systems in private residences.

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

Prohibits a person installing a residential fire sprinkler system in a single-family home from being required to pay the fire operations portion of the impact fee.

Exempts a public water system 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 certain causes.