HR 2504
107th Congress
House
Taxation
Business income tax
Capital gains tax
Commerce
Corporations
Finance and Financial Sector
Foreign Trade and International Finance
Free trade
Income tax
Investment tax credit
Manufacturing industries
Service industries
Space activities
Space commercialization
Stocks
Tariff
Tax exclusion
Zero Gravity, Zero Tax Act of 2001
Introduced: July 16, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2001
Referred to the House Committee on Ways and Means.
Jul 16, 2001
Introduced in House
Plain-English summary
Zero Gravity, Zero Tax Act of 2001 - Amends the Internal Revenue Code to exclude from gross income: (1) space-related income; and (2) gain on the sale or exchange of any stock of a qualified space corporation.
Establishes a space company investment credit for the purchase of qualified stock in a qualified space company.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1