Wage Tax Cut Act of 2003

Summary

Wage Tax Cut Act of 2003 - Directs the Secretary of the Treasury to pay to each eligible individual the lesser of $765, or the amount of the individual's social security taxes, or payments to a State or local governmental pension plan, for 2001. Amends the Internal Revenue Code to provide a 2002 refund for eligible individuals who did not receive their full 2001 refund, as provided for by this Act. Provides employers with an income tax credit of up to $765 for payroll taxes paid during the payroll tax holiday (the 12-month period beginning with the first month after the date of enactment of this Act).

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Timeline

1. 11 April 2003

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 11 April 2003

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 11 April 2003 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 11 April 2003

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 11 April 2003

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 11 April 2003

  Open at official source

Sponsors

• Sen. Landrieu, Mary L. [D-LA] · D · Sponsor
• Sen. Corzine, Jon S. [D-NJ] · D · Sponsor
• · ssfi00 · Standing

Related records

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