S. 1200 · 109th Congress
Realistic Roofing Tax Treatment Act of 2005
- Stage
- In committee
- Sponsor
- Jim Bunning
- Introduced
- 2005-06-08
- Latest action
- 2005-06-08 · Introduced in Senate
Summary
Realistic Roofing Tax Treatment Act of 2005 - Amends the Internal Revenue Code to: (1) classify as 20-year property for depreciation purposes any roof system which meets the requirements of Standard 90.1-2004 of the American Society of Heating, Refrigerating, and Air Conditioning Engineers; and (2) require use of the straight line method for depreciation of such property.