S 1200 · 109th Congress · Taxation
Realistic Roofing Tax Treatment Act of 2005
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2005-06-08)
Plain Language Summary
[AI summary unavailable — showing source text]
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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
1 Democrat9 Republicans