To amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain systems installed in nonresidential buildings.
Cool and Efficient Buildings Act - Amends the Internal Revenue Code to allow a 15-year depreciation recovery period, calculated on a straight line basis, for heating, ventilation, air conditioning, or refrigeration systems installed in nonresidential buildings.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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