Summary: H.R.4126 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.4126. Bill summaries are authored by CRS.

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Introduced in House (11/08/2007)

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.