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HR 1769 108th Congress House Taxation Accounting Affiliated corporations Agricultural cooperatives Agriculture and Food Arts, Culture, Religion Commerce Computer software Corporation taxes Export subsidies Finance and Financial Sector Foreign Trade and International Finance Foreign corporations Income tax Manufacturing industries Minimum tax Motion pictures Partnerships Science, Technology, Communications Sound recording and reproducing

Job Protection Act of 2003

Introduced: April 11, 2003 See on congress.gov
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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 12, 2003
Sponsor introductory remarks on measure. (CR E773-774)
Apr 11, 2003
Referred to the House Committee on Ways and Means.
Apr 11, 2003
Introduced in House
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 Plain-English summary Congressional Research Service
Job Protection Act of 2003 - Amends the Internal Revenue Code to repeal the foreign sales corporation/extraterritorial income (FSC/ETI) exclusion, with an exemption for certain binding contracts in effect before the date of enactment of this Act.

Permits a foreign corporation that elected to be treated as a domestic corporation to revoke such election and be treated as a domestic corporation transferring its property to a foreign corporation with no gain recognized on such transfer.

Provides: (1) a transitional 2004 through 2008 sliding-scale deduction for an FSC/ETI beneficiary based on the corporation's 2001 FSC/ETI benefit; and (2) special rules for 2003 and for fiscal year taxpayers. Defines "FSC/ETI benefit."

Allows a deduction for income attributable to U.S. production activities equal to ten percent of qualified production activities. Provides a 2006 through 2009 phase-in period. Defines "qualified production activities" as: (1) the portion of the modified taxable income attributable to domestic activities; and (2) the domestic/foreign fraction.

Sets forth related provisions with respect to: (1) determination of income attributable to domestic production activities; (2) domestic production gross receipts; (3) qualifying production property; (4) domestic/foreign fraction; and (5) special rules.

What's happening now April 12, 2003

Sponsor introductory remarks on measure. (CR E773-774)

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1769: Job Protection Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1769/
MLA
"H.R. 1769: Job Protection Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1769/.
Bluebook (legal)
H.R. 1769, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1769/.
Markdown link
[H.R. 1769: Job Protection Act of 2003](https://openamerica.io/bill/108-HR-1769/)
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