HR 1671
108th Congress
House
Cooperative Dividend Equity Act of 2003
Official title: To amend the Internal Revenue Code of 1986 to permit cooperatives to pay dividends on preferred stock without reducing patronage dividends.
Taxation
CommerceCooperative societiesDividendsFinance and Financial Sector
More subjectsShow fewer subjects
Income taxStocksTax exclusion
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 8, 2003
Referred to the House Committee on Ways and Means.
Apr 8, 2003
Introduced in House
Apr 8, 2003
Sponsor introductory remarks on measure. (CR E701)
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Cooperative Dividend Equity Act of 2003 - Amends the Internal Revenue Code to provide that the patronage dividends of cooperatives shall not be reduced by stock dividends to the extent the stock dividends are in addition to amounts otherwise payable.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 1671: Cooperative Dividend Equity Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1671/
"H.R. 1671: Cooperative Dividend Equity Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1671/.
H.R. 1671, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1671/.
[H.R. 1671: Cooperative Dividend Equity Act of 2003](https://openamerica.io/bill/108-HR-1671/)