Olympia Snowe: “I concur with Senator Kerry and appreciate his support for this proposal that simply would bring equity between retail…”

“I concur with Senator Kerry and appreciate his support for this proposal that simply would bring equity between retail operations. Frankly, this provision should have been included when Congress first extended accelerated depreciation for leasehold improvements. This is not a new provision but, rather, it simply perfects current law. Though disappointed by the absence of the provision in the conference agreement, I appreciate the chairman's commitment to this issue and hope he will continue to work with Senator Kerry and me, as well as the other cosponsors of S. 271, to see that the provision receives full and fair consideration as the process to finally enact small business relief continues to move forward.”