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HR 1162 108th Congress House Taxation Buy American Commerce Corporation taxes Dividends Finance and Financial Sector Foreign Trade and International Finance Foreign corporations Foreign tax credit Income tax Investments Minimum tax Stockholders Tax deductions Taxation of foreign income

Invest in America Act of 2003

Introduced: March 6, 2003 Introduced by: Smith, Adam Democratic · Washington See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 6, 2003
Referred to the House Committee on Ways and Means.
Mar 6, 2003
Introduced in House
 Plain-English summary Congressional Research Service
Invest in America Act of 2003 - Amends Internal Revenue Code provisions concerning controlled foreign corporations to allow, during the first taxable year of a U.S. shareholder ending 90 days after enactment, a limited dividend received deduction if the distribution is reinvested pursuant to a plan, approved by the president or chief executive officer of the U.S. shareholder prior to the distribution, under which the distribution is reinvested in the United States.
What's happening now March 6, 2003

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4