H.R.44: Investment Tax Incentive Act of 2003

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 7, 2003
  • Latest Major Action Jan. 7, 2003

Bill Summary

Investment Tax Incentive Act of 2003 - Amends the Internal Revenue Code to provide for reduced capital gain rates for qualified economic stimulus gain. Defines "qualified economic stimulus gain" as the aggregate long-term capital gain (with specified exceptions) from property the holding period for which begins during the 2-year period beginning on the date of the enactment.Provides for the indexing of assets (certain stocks and tangible...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Jan. 7, 2003

Introduced in the House by David Dreier (R-Calif.)

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