PoliticalRepoPoliticalRepo

United States · Bill · S

S. 576 (108th)

Business Property Economic Revitalization Act of 2003

referredUnited States· United States Congress· EN

Introduced

7 March 2003

Last action

7 March 2003 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Conrad, Kent [D-ND], Sen. Nickles, Don [R-OK], Rep. Breaux, John B. [D-LA-7], Sen. Hatch, Orrin G. [R-UT], Rep. Dorgan, Byron L. [D-ND-At Large], Rep. Kyl, Jon [R-AZ-4], Sen. Lincoln, Blanche L. [D-AR], Rep. Cochran, Thad [R-MS-4], Sen. Stabenow, Debbie [D-MI], Sen. Fitzgerald, Peter [R-IL], Sen. Clinton, Hillary Rodham [D-NY], Sen. Reid, Harry [D-NV], Sen. Sununu, John E. [R-NH], Sen. Chambliss, Saxby [R-GA]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 March 2003

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 7 March 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S3371-3372)

    Source: IntroReferral

  3. 7 March 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.