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United States · Bill · HR

H.R. 1162 (108th)

Invest in America Act of 2003

referredUnited States· United States Congress· EN

Introduced

6 March 2003

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Invest in America Act of 2003 - Amends Internal Revenue Code provisions concerning controlled foreign corporations to allow, during the first taxable year of a U.S. shareholder ending 90 days after enactment, a limited dividend received deduction if the distribution is reinvested pursuant to a plan, approved by the president or chief executive officer of the U.S. shareholder prior to the distribution, under which the distribution is reinvested in the United States.

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Documents

3 official files

Introduced in House (text)

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Sources

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