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- S.1162
S.1162: Working Taxpayer Fairness Restoration Act
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced June 2, 2003
- Latest Major Action July 9, 2003
Bill Sponsor
Bill Cosponsors
52 (45 Democrats, 1 Independent, 7 Republicans)
Bill Summary
Working Taxpayer Fairness Restoration Act - Amends the Internal Revenue Code, with respect to the refundability of the child tax credit, to accelerate the increase to the 15 percent rate. Limits, to fair market value immediately following a transaction, the importation of net built-in loss by a corporation. Prohibits an allocation of any decrease in the adjusted basis of partnership property to stock in a corporation which is a partner in the...
(Source: Library of Congress)
Bill Actions
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Sponsor introductory remarks on measure.
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Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 118.
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Motion to proceed to consideration of measure made in Senate.
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Motion to table the motion to proceed to the measure made in Senate.
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Motion to proceed to consideration of measure tabled in Senate by Yea-Nay Vote. 51 - 45. Record Vote Number: 266.
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| June 2, 2003 |
Introduced in the Senate by Blanche Lincoln (D-Ark.) |