Shopping centers Legislation - Federal Government

Latest Action: 04/26/2007 - Sponsor introductory remarks on measure. (CR S5175-5176)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain improvements to retail space.

1/11/2007--Introduced.

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.

Latest Action: 12/06/2007 - Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S14999; text as passed Senate: CR S14999; text of measure as introduced: CR S14857)

Bill Text
A resolution expressing the condolences of the Senate to those affected by the tragic events of December 5, 2007, at Westroads Mall in Omaha, Nebraska.

12/6/2007--Passed Senate without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expresses condolences to the friends and families of those killed in the shootings at Westroads Mall in Omaha, Nebraska, on Wednesday, December 5, 2007: Gary Sharf, John McDonald, Angie Schuster, Maggie Webb, Janet Jorgensen, Diane Trent, Gary Joy, and Beverly Flynn. Offers prayers and best wishes for recovery to those who were wounded.

Thanks the first responders, police, and medical personnel who responded quickly and decisively to provide aid and comfort to the victims.

Latest Action: 06/28/2007 - Sponsor introductory remarks on measure. (CR E1454-1455)

Bill Text
To amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain improvements to retail space.

6/28/2007--Introduced.

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.

Latest Action: 12/17/2007 - Considered under suspension of the rules. (consideration: CR H15476-15477)

Bill Text
Expresses heartfelt sympathy for the victims and families of the shootings in Omaha, Nebraska, on Wednesday, December 5, 2007.

12/17/2007--Passed House without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expresses the heartfelt sympathy of the U.S. House of Representatives for the victims and families of the shootings in Omaha, Nebraska, on Wednesday, December 5, 2007.

Conveys its gratitude to the city and county officials, and all the police, fire, sheriff, and emergency medical teams who responded swiftly to the scene and secured the mall and surrounding area.

Latest Action: 12/17/2007 - Considered under suspension of the rules. (consideration: CR H15476-15477)

Bill Text
Expresses heartfelt sympathy for the victims and families of the shootings in Omaha, Nebraska, on Wednesday, December 5, 2007.

12/17/2007--Passed House without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expresses the heartfelt sympathy of the U.S. House of Representatives for the victims and families of the shootings in Omaha, Nebraska, on Wednesday, December 5, 2007.

Conveys its gratitude to the city and county officials, and all the police, fire, sheriff, and emergency medical teams who responded swiftly to the scene and secured the mall and surrounding area.

Latest Action: 12/06/2007 - Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S14999; text as passed Senate: CR S14999; text of measure as introduced: CR S14857)

Bill Text
A resolution expressing the condolences of the Senate to those affected by the tragic events of December 5, 2007, at Westroads Mall in Omaha, Nebraska.

12/6/2007--Passed Senate without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expresses condolences to the friends and families of those killed in the shootings at Westroads Mall in Omaha, Nebraska, on Wednesday, December 5, 2007: Gary Sharf, John McDonald, Angie Schuster, Maggie Webb, Janet Jorgensen, Diane Trent, Gary Joy, and Beverly Flynn. Offers prayers and best wishes for recovery to those who were wounded.

Thanks the first responders, police, and medical personnel who responded quickly and decisively to provide aid and comfort to the victims.

Latest Action: 06/28/2007 - Sponsor introductory remarks on measure. (CR E1454-1455)

Bill Text
To amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain improvements to retail space.

6/28/2007--Introduced.

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.

Latest Action: 04/26/2007 - Sponsor introductory remarks on measure. (CR S5175-5176)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to provide a shorter recovery period for the depreciation of certain improvements to retail space.

1/11/2007--Introduced.

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.