S.602: New Homestead Act of 2003

About This Bill

Bill Summary

New Homestead Act of 2003 - Directs the Secretary of Education to repay a specified percentage (up to $2,000 per year) of certain education loans to an individual who completes a degree and both resides and is employed in a qualifying county outside a metropolitan statistical area which for 20 years has a net out-migration of inhabitants of at least ten percent of the county population.Amends the Internal Revenue Code to allow a tax credit for...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
March 12, 2003

Introduced in the Senate by Byron L. Dorgan (D-N.D.)

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