Restoring Investor Confidence Act of 2003

Summary

Restoring Investor Confidence Act of 2003 - Amends the Internal Revenue Code to revise rules concerning capital gain for taxpayers other than corporations to establish a new general rule which provides that if for any taxable year a taxpayer other than a corporation has a capital gain, 55 percent of such gain shall be a deduction from gross income. Excludes from individual gross income 55 percent of dividends received from a domestic corporation.

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Timeline

1. 7 January 2003

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 7 January 2003

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 January 2003

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 7 January 2003 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 January 2003

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 7 January 2003

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 7 January 2003

  Open at official source

Sponsors

• Rep. Reynolds, Thomas M. [R-NY-26] · R · Sponsor
• Rep. Doolittle, John T. [R-CA-4] · R · Sponsor
• Rep. English, Phil [R-PA-3] · R · Sponsor
• Rep. Souder, Mark E. [R-IN-3] · R · Sponsor
• · hswm00 · Standing

Related records

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