Lower Regulatory Burden for Homeowners Act of 2003

[AI summary unavailable — showing source text] Lower Regulatory Burden for Homeowners Act of 2003 - Amends the Internal Revenue Code to include customer connection fees (including fees to connect a customer's water service line or sewer lateral line to the utility's distribution or collection system or extend a main water or sewer line to provide service to a customer) as an excludable corporate income item within the definition of "contribution in aid of construction."…