H.R. 4126 · 110th Congress
Roofing Energy Efficiency Tax Act of 2007
- Stage
- In committee
- Sponsor
- Bill Pascrell
- Introduced
- 2007-11-08
- Latest action
- 2007-11-08 · Introduced in House
Summary
Roofing Energy Efficiency Tax Act of 2007 - 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 is on nonresidential real property; and (2) require use of the straight line method for depreciation of such property.