S.414: Economic Recovery Act of 2003

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced Feb. 14, 2003
  • Latest Major Action Feb. 24, 2003

Bill Summary

Economic Recovery Act of 2003 - Amends the Internal Revenue Code to require the Secretary of the Treasury to pay to each eligible taxpayer ten percent of the eligible portion of the taxpayer's adjusted gross income.Specifies business tax cuts, including an increase in bonus depreciation and expensing, a tax credit for employee health insurance expenses, and a tax credit with respect to qualified equipment providing subscribers with current or...

(Source: Library of Congress)

Bill Actions

Date Description
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 21.
Feb. 14, 2003

Introduced in the Senate by Thomas A. Daschle (D-S.D.)

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