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
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
Plain-English summary
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
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6665-6666)
Committees of jurisdiction
1
Cosponsors
1