To amend the Internal Revenue Code of 1986 to exclude from unrelated business taxable income the gain or loss on the sale or exchange of certain brownfield sites, and for other purposes.

3.0.0 1936 2023-01-15T09:03:28Z 2023-01-15T09:03:28Z Senate S S 2003-11-24 108 ssfi00 Finance Committee Senate Standing Referred to 2003-11-24T17:05:17Z To amend the Internal Revenue Code of 1986 to exclude from unrelated business taxable income the gain or loss on the sale or exchange of certain brownfield sites, and for other purposes. 108 3527 HR 2003-11-19 Referred to the House Committee on Ways and Means. Identical bill CRS 2003-11-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S15815-15816) IntroReferral 2003-11-24 Sponsor introductory remarks on measure. (CR S15813-15815) IntroReferral B00100 9 Library of Congress 2003-11-24 Introduced in Senate IntroReferral 10000 9 Library of Congress B000243 Sen. Baucus, Max [D-MT] MAX BAUCUS D MT SIEBEN N I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2003-11-24 True D000601 Sen. Dole, Elizabeth [R-NC] Elizabeth Dole R NC H. 2003-11-24 True R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2003-11-24 True Taxation Brownfields Capital gains tax Corporation taxes Environmental Protection Hazardous wastes Income tax Land transfers Land use Metropolitan areas Open space lands Public Lands and Natural Resources Real property Tax deductions Tax exclusion Tax-exempt organizations Unrelated business income tax Urban affairs Taxation

00 2003-11-24 Introduced in Senate 2004-01-08T19:11:07Z Amends the Internal Revenue Code to provide, as a general rule, for the exclusion from unrelated business taxable income gain or loss from the qualified sale, exchange, or other disposition of any qualifying brownfield property by an eligible taxpayer.

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A bill to amend the Internal Revenue Code of 1986 to exclude from unrelated business taxable income the gain or loss on the sale or exchange of certain brownfield sites, and for other purposes. Display Title A bill to amend the Internal Revenue Code of 1986 to exclude from unrelated business taxable income the gain or loss on the sale or exchange of certain brownfield sites, and for other purposes. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to exclude from unrelated business taxable income the gain or loss on the sale or exchange of certain brownfield sites, and for other purposes. Introduced in Senate IS Introduced in Senate 2003-11-24T05:00:00Z 2003-11-24 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S15815-15816) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.