ARLINGTON, VA — In a letter to the chairman of the Senate Finance Committee, the Air Conditioning Contractors of America (ACCA) urged the Senate to stand behind the country’s hvacr contractors as Congress crafts a proposed economic stimulus package.

ACCA national president Larry Taylor wrote Senator Max Baucus (D-MT) to encourage him to include two provisions for small business in the Senate’s economic stimulus legislation. Those provisions include increasing the allowance for direct expensing by companies to $50,000, and modifying depreciation rules to establish a 10-year life for leasehold improvements.

“Increasing the direct expensing allowance for equipment purchases would eliminate much of the burdensome recordkeeping involved in depreciating such equipment and act as a true stimulus,” Taylor stated.