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United States · Bill · HR

H.R. 199 (108th)

To amend the Internal Revenue Code of 1986 to repeal the 2 percent excise tax on the net investment income of tax-exempt foundations.

referredUnited States· United States Congress· EN

Introduced

7 January 2003

Last action

7 January 2003 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Stearns, Cliff [R-FL-6], Rep. Crane, Philip M. [R-IL-8], Rep. Boehner, John A. [R-OH-8], Sen. Burr, Richard [R-NC], Rep. Forbes, J. Randy [R-VA-4], Rep. Hefley, Joel [R-CO-5], Sen. Isakson, Johnny [R-GA], Rep. Jefferson, William J. [D-LA-2], Rep. Johnson, Nancy L. [R-CT-5], Rep. LaHood, Ray [R-IL-18], Rep. Leach, James A. [R-IA-2], Rep. Lewis, Ron [R-KY-2], Rep. Otter, C. L. (Butch) [R-ID-1], Rep. Paul, Ron [R-TX-14], Rep. Price, David E. [D-NC-4], Rep. Ramstad, Jim [R-MN-3], Rep. Schrock, Edward L. [R-VA-2], Rep. Shimkus, John [R-IL-15], Rep. Simmons, Rob [R-CT-2], Rep. Wilson, Joe [R-SC-2], Rep. Brown-Waite, Ginny [R-FL-5], Sen. DeMint, Jim [R-SC], Rep. Foley, Mark [R-FL-16], Rep. Souder, Mark E. [R-IN-3], Sen. Kirk, Mark Steven [R-IL], Rep. Davis, Artur [D-AL-7], Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5]

Subjects

Taxation

Source updated

2 January 2025

Taxation

Summary

Amends the Internal Revenue Code to repeal the two percent excise tax on the net investment income of tax-exempt foundations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 January 2003

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 7 January 2003

    Introduced

    Sponsor introductory remarks on measure. (CR E33-34)

    Source: IntroReferral

  3. 7 January 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 7 January 2003

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • 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

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  • Introduced in House

    summary · EN · 7 January 2003

    Open at official source

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Sponsors

Related records

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Sources

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