AIDS Assistance bill

United States Emergency Plan for AIDS Relief Act of 2003 - Directs the President to develop a comprehensive, integrated five-year strategy to strengthen the capacity of the United States to be an effective leader of the international campaign against HIV/AIDS and to promote the stabilization or reduction of its global incidence and related morbidity and mortality. Amends the State Department Basic Authorities Act of 1956 to provide for the establishment within the Department of State of a Coordinator of U.S. Government Activities to Combat HIV/AIDS. Establishes an Activities to Combat HIV/AIDS Globally Fund.

Authorizes the United States to participate in the Global Fund to Fight AIDS, Tuberculosis, and Malaria. Authorizes appropriations for U.S. contributions to the Fund and to specified vaccine initiatives.

Directs the Secretary of the Treasury to commence efforts with multilateral development institutions to modify the multilateral debt initiative for heavily indebted poor countries presented in the Report of G-7 Finance Ministers on the Cologne Debt Initiative to the Cologne Economic Summit to limit the debt of eligible countries, as specified.

Amends the Foreign Assistance Act of 1961 to authorize the President to furnish assistance related to HIV/AIDS and assistance to prevent, treat, and eliminate tuberculosis and malaria. Authorizes the Secretary of Defense to expand Department of Defense HIV/AIDS prevention educational activities.

Expresses the sense of Congress that U.S. firms operating in countries affected by the HIV/AIDS pandemic are in a position to make significant contributions to the U.S. effort through the voluntary adoption of specified principles and practices.