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.
Actions
Mar 7, 2003
Read twice and referred to the Committee on Finance.
Mar 7, 2003
Sponsor introductory remarks on measure. (CR S3371-3372)