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- H.R.1926
H.R.1926: Intermediate Sanctions Compensatory Revenue Adjustment Act of 2003 (ISCRAA)
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced May 1, 2003
- Latest Major Action May 1, 2003
Bill Sponsor
Bill Cosponsors
9 (All Republicans)
Bill Summary
Intermediate Sanctions Compensatory Revenue Adjustment Act of 2003 (ISCRAA) - Amends the Internal Revenue Code to impose on the collecting attorney: (1) in each excess fee transaction a tax equal to five percent of such fee; and (2) in any case in which such tax is imposed and the excess fee involved is not corrected within the taxable period, a tax of 200 percent of the excess fee involved.Defines: (1) collecting attorney; (2) excess fee...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| May 1, 2003 |
Introduced in the House by John D. Hayworth (R-Ariz.) |