S 576 · 108th Congress · Taxation
Business Property Economic Revitalization Act of 2003
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2003-03-07)
Plain Language Summary
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Business Property Economic Revitalization Act of 2003 - Amends the Internal Revenue Code to classify qualified leasehold improvement property (defined as certain improvements made to an interior portion of nonresidential real property) as ten-year property for depreciation purposes under the Accelerated Cost Recovery System.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
6 Democrats7 Republicans