Skip to main content
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
Sign in to write a letter Sign in to watch
This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4
D
DeGette, Diana
Colorado · Apr 1, 2004
 D
Thompson, Mike
California · Oct 8, 2003
 D
Case, Ed
Hawaii · Mar 6, 2003
 D
Lofgren, Zoe
California · Mar 6, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1162: Invest in America Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1162/
MLA
"H.R. 1162: Invest in America Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1162/.
Bluebook (legal)
H.R. 1162, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1162/.
Markdown link
[H.R. 1162: Invest in America Act of 2003](https://openamerica.io/bill/108-HR-1162/)
Report a problem