S 1200 · 109th Congress · Taxation

Realistic Roofing Tax Treatment Act of 2005

Introduced 2005-06-08· Sponsored by Sen. Bunning, Jim [R-KY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: 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