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United States · Bill · HR

H.R. 668 (108th)

Cultural Radio Tax Credit Act of 2003

referredUnited States· United States Congress· EN

Introduced

11 February 2003

Last action

11 February 2003 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Andrews, Robert E. [D-NJ-1], Rep. Hoeffel, Joseph M. [D-PA-13], Sen. Sanders, Bernard [I-VT], Rep. Owens, Major R. [D-NY-11], Rep. Watson, Diane E. [D-CA-33], Rep. Davis, Danny K. [D-IL-7], Rep. Ehlers, Vernon J. [R-MI-3]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Summary

Cultural Radio Tax Credit Act of 2003 - Amends the Internal Revenue Code to allow income tax credits to the owner of a commercial radio station donating the station's license and other assets (a 125 percent credit for the license and a 100 percent credit for the assets) to a tax-exempt organization which agrees to operate the radio broadcasting station being donated to it as a for-profit venture, with profits dedicated to the support of non-profit fine arts and performing arts organizations in its service area.

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

Timeline

  1. 11 February 2003

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 11 February 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 February 2003

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 11 February 2003

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 11 February 2003

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 11 February 2003

    Open at official source

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Sponsors

Related records

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Sources

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