3.0.0 271 2023-01-11T20:05:46Z 2023-01-11T20:05:46Z Senate S S 2007-01-11 110 ssfi00 Finance Committee Senate Standing Referred to 2007-01-11T23:46:59Z 110 2936 HR 2007-06-28 Referred to the House Committee on Ways and Means. Identical bill CRS 2007-04-26 Sponsor introductory remarks on measure. (CR S5175-5176) IntroReferral B00100 9 Library of Congress 2007-04-17 Sponsor introductory remarks on measure. (CR S4592) IntroReferral B00100 9 Library of Congress 2007-01-11 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S454) IntroReferral 2007-01-11 Sponsor introductory remarks on measure. (CR S453) IntroReferral B00100 9 Library of Congress 2007-01-11 Introduced in Senate IntroReferral 10000 9 Library of Congress S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. N L000035 Sen. Lincoln, Blanche L. [D-AR] BLANCHE LINCOLN D AR LAMBERT 2007-01-11 True H001016 Sen. Hutchison, Kay Bailey [R-TX] KAY HUTCHISON R TX BAILEY 2007-01-11 True K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2007-01-11 True Taxation Accounting Capital investments Commerce Depreciation and amortization Finance and Financial Sector Income tax Retail trade Shopping centers Tax deductions Taxation

00 2007-01-11 Introduced in Senate 2007-01-20T17:43:30Z Amends the Internal Revenue Code to allow qualified retail improvement property a 15-year recovery period for purposes of the tax deduction for depreciation. Defines such property as any improvement to an interior portion of a building which is nonresidential real property, if: (1) such portion is open to the general public and is used in the trade or business of selling tangible personal property or services to the general public; and (2) such improvement is placed in service more than three years after the date the building was first placed in service. Excludes specified improvements, including the enlargement of a building, any elevator or escalator, or the internal structural framework of a building.

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Official Title as Introduced Introduced in Senate IS Display Title Introduced in Senate 2007-01-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s271is/xml/BILLS-110s271is.xml 2007-04-26 Sponsor introductory remarks on measure. (CR S5175-5176) 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.