United States · Bill · HR
H.R. 50 (108th)
Investor Protection, Market Stabilization, and Tax Fairness Restoration Act of 2003
Introduced
7 January 2003
Last action
7 January 2003 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Cox, Christopher [R-CA-48], Rep. Biggert, Judy [R-IL-13], Rep. Brown, Henry E., Jr. [R-SC-1], Rep. Burton, Dan [R-IN-5], Rep. Cantor, Eric [R-VA-7], Rep. Davis, Jo Ann [R-VA-1], Sen. DeMint, Jim [R-SC], Rep. Duncan, John J., Jr. [R-TN-2], Rep. English, Phil [R-PA-3], Sen. Flake, Jeff [R-AZ], Rep. Gallegly, Elton [R-CA-24], Rep. Herger, Wally [R-CA-2], Rep. Hyde, Henry J. [R-IL-6], Rep. Istook, Ernest J., Jr. [R-OK-5], Rep. Kolbe, Jim [R-AZ-8], Rep. Latham, Tom [R-IA-3], Rep. Miller, Jeff [R-FL-1], Rep. Nethercutt, George R., Jr. [R-WA-5], Rep. Otter, C. L. (Butch) [R-ID-1], Rep. Paul, Ron [R-TX-14], Rep. Pence, Mike [R-IN-6], Rep. Petri, Thomas E. [R-WI-6], Rep. Platts, Todd Russell [R-PA-19], Rep. Sessions, Pete [R-TX-17], Rep. Shadegg, John B. [R-AZ-3], Rep. Shuster, Bill [R-PA-9], Rep. Smith, Nick [R-MI-7], Rep. Souder, Mark E. [R-IN-3], Rep. Sweeney, John E. [R-NY-20], Rep. Tiahrt, Todd [R-KS-4], Rep. Weldon, Dave [R-FL-15], Rep. Wilson, Joe [R-SC-2], Rep. Manzullo, Donald A. [R-IL-16], Sen. Kirk, Mark Steven [R-IL], Rep. Franks, Trent [R-AZ-8], Rep. Shimkus, John [R-IL-15], Rep. King, Steve [R-IA-4], Rep. Tancredo, Thomas G. [R-CO-6], Rep. Akin, W. Todd [R-MO-2], Rep. Beauprez, Bob [R-CO-7], Rep. Bartlett, Roscoe G. [R-MD-6], Sen. Vitter, David [R-LA], Rep. Pitts, Joseph R. [R-PA-16], Rep. Culberson, John Abney [R-TX-7], Rep. Chocola, Chris [R-IN-2], Rep. Cannon, Chris [R-UT-3], Sen. Blackburn, Marsha [R-TN], Rep. Issa, Darrell [R-CA-48]
Subjects
Taxation
Source updated
18 August 2025
Summary
Investor Protection, Market Stabilization, and Tax Fairness Restoration Act of 2002 (sic) - Amends the Internal Revenue Code to allow a tax credit for a taxpayer other than a corporation in an amount equal to the shareholder credits determined with respect to dividends received from domestic corporations. Sets a maximum amount for the credit. Prohibits the allotting of credit in certain instances to nonresident aliens. Provides criteria for calculating a shareholder credit for a dividend. Classifies any shareholder credit determined under this Act as a tax paid by the relevant corporation. Includes a taxpayer's shareholder credits in gross income. Permits a corporation to deduct 100 percent of the amount received as dividends from a domestic corporation (presently the Code allows a deduction of 70 percent or 100 percent, depending on the type of dividend). Increases, from 70 to 100 percent, the amount a corporation is allowed to deduct with respect to dividends on certain preferred stock.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 January 2003
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
7 January 2003
Introduced
Introduced in House
Source: IntroReferral
7 January 2003
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 7 January 2003 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 7 January 2003
Introduced in House (PDF)
Introduced in House · EN · 7 January 2003
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Introduced in House
summary · EN · 7 January 2003
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Cox, Christopher [R-CA-48] · R · Sponsor
- Rep. Biggert, Judy [R-IL-13] · R · Sponsor
- Rep. Brown, Henry E., Jr. [R-SC-1] · R · Sponsor
- Rep. Burton, Dan [R-IN-5] · R · Sponsor
- Rep. Cantor, Eric [R-VA-7] · R · Sponsor
- Rep. Davis, Jo Ann [R-VA-1] · R · Sponsor
- Sen. DeMint, Jim [R-SC] · R · Sponsor
- Rep. Duncan, John J., Jr. [R-TN-2] · R · Sponsor
- Rep. English, Phil [R-PA-3] · R · Sponsor
- Sen. Flake, Jeff [R-AZ] · R · Sponsor
- Rep. Gallegly, Elton [R-CA-24] · R · Sponsor
- Rep. Herger, Wally [R-CA-2] · R · Sponsor
- Rep. Hyde, Henry J. [R-IL-6] · R · Sponsor
- Rep. Istook, Ernest J., Jr. [R-OK-5] · R · Sponsor
- Rep. Kolbe, Jim [R-AZ-8] · R · Sponsor
- Rep. Latham, Tom [R-IA-3] · R · Sponsor
- Rep. Miller, Jeff [R-FL-1] · R · Sponsor
- Rep. Nethercutt, George R., Jr. [R-WA-5] · R · Sponsor
- Rep. Otter, C. L. (Butch) [R-ID-1] · R · Sponsor
- Rep. Paul, Ron [R-TX-14] · R · Sponsor
- Rep. Pence, Mike [R-IN-6] · R · Sponsor
- Rep. Petri, Thomas E. [R-WI-6] · R · Sponsor
- Rep. Platts, Todd Russell [R-PA-19] · R · Sponsor
- Rep. Sessions, Pete [R-TX-17] · R · Sponsor
- Rep. Shadegg, John B. [R-AZ-3] · R · Sponsor
- Rep. Shuster, Bill [R-PA-9] · R · Sponsor
- Rep. Smith, Nick [R-MI-7] · R · Sponsor
- Rep. Souder, Mark E. [R-IN-3] · R · Sponsor
- Rep. Sweeney, John E. [R-NY-20] · R · Sponsor
- Rep. Tiahrt, Todd [R-KS-4] · R · Sponsor
- Rep. Weldon, Dave [R-FL-15] · R · Sponsor
- Rep. Wilson, Joe [R-SC-2] · R · Sponsor
- Rep. Manzullo, Donald A. [R-IL-16] · R · Cosponsor
- Sen. Kirk, Mark Steven [R-IL] · R · Cosponsor
- Rep. Franks, Trent [R-AZ-8] · R · Cosponsor
- Rep. Shimkus, John [R-IL-15] · R · Cosponsor
- Rep. King, Steve [R-IA-4] · R · Cosponsor
- Rep. Tancredo, Thomas G. [R-CO-6] · R · Cosponsor
- Rep. Akin, W. Todd [R-MO-2] · R · Cosponsor
- Rep. Beauprez, Bob [R-CO-7] · R · Cosponsor
- Rep. Bartlett, Roscoe G. [R-MD-6] · R · Cosponsor
- Sen. Vitter, David [R-LA] · R · Cosponsor
- Rep. Pitts, Joseph R. [R-PA-16] · R · Cosponsor
- Rep. Culberson, John Abney [R-TX-7] · R · Cosponsor
- Rep. Chocola, Chris [R-IN-2] · R · Cosponsor
- Rep. Cannon, Chris [R-UT-3] · R · Cosponsor
- Sen. Blackburn, Marsha [R-TN] · R · Cosponsor
- Rep. Issa, Darrell [R-CA-48] · R · Cosponsor
Showing 48 of 52 sponsors and actors.
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/108th-congress/house-bill/50
- Open data entity: https://api.congress.gov/v3/bill/108/hr/50
- us · 108-hr-50 · source updated 18 August 2025