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- H.R.2044
H.R.2044: Telecommunications Ownership Diversification Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about congress
- Introduced May 9, 2003
- Latest Major Action May 9, 2003
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
26 (24 Democrats, 3 Republicans)
Bill Summary
Telecommunications Ownership Diversification Act of 2003 - Amends the Internal Revenue Code to allow an electing taxpayer to treat a qualified telecommunications business sale to an eligible purchaser as an involuntary conversion. Places limits on the ensuing tax benefit. Defines an eligible purchaser as: (1) an economically and socially disadvantaged business; or (2) a corporation or partnership which, following the purchase, has...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| May 9, 2003 |
Introduced in the House by Bobby L. Rush (D-Ill.) |