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S 1087 107th Congress Senate Taxation Building construction Building leases Business income tax Commerce Depreciation and amortization Income tax Office buildings Tax deductions

Business Property Economic Revitalization Act of 2001

Introduced: June 22, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2001
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6665-6666)
Jun 22, 2001
Sponsor introductory remarks on measure. (CR S6665)
Jun 22, 2001
Introduced in Senate
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 Plain-English summary Congressional Research Service
Business Property Economic Revitalization Act of 2001 - 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.
What's happening now June 22, 2001

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6665-6666)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schumer, Charles E.
New York · Jun 22, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1087: Business Property Economic Revitalization Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-S-1087/
MLA
"S. 1087: Business Property Economic Revitalization Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-1087/.
Bluebook (legal)
S. 1087, 107th Cong. (2026), https://openamerica.io/bill/107-S-1087/.
Markdown link
[S. 1087: Business Property Economic Revitalization Act of 2001](https://openamerica.io/bill/107-S-1087/)
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