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United States · Bill · HR

H.R. 42 (108th)

Capital Gains Tax Rate Reduction Act of 2003

referredUnited States· United States Congress· EN

Introduced

7 January 2003

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Capital Gains Tax Rate Reduction Act of 2003 - Amends the Internal Revenue Code to: (1) reduce the 10 and 20 percent individual capital gains tax rates to 5 and 10 percent respectively; (2) repeal provisions providing for reduced capital gain rates for qualified five year gains; and (3) with respect to the alternative minimum tax, reducing the 10 and 20 percent maximum tax rate on net capital gain for individuals to 5 and 10 percent respectively.

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Documents

3 official files

Introduced in House (text)

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