HR 199
108th Congress
House
Taxation
Excise tax
Finance and Financial Sector
Foundations
Investments
Social Welfare
To amend the Internal Revenue Code of 1986 to repeal the 2 percent excise tax on the net investment income of tax-exempt foundations.
Introduced: January 7, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 7, 2003
Referred to the House Committee on Ways and Means.
Jan 7, 2003
Sponsor introductory remarks on measure. (CR E33-34)
Jan 7, 2003
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to repeal the two percent excise tax on the net investment income of tax-exempt foundations.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1