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HR 2341 108th Congress House

Community Savings and Investment Act of 2003

Official title: To amend the Internal Revenue Code of 1986 to encourage a strong community-based banking system.

Introduced: June 4, 2003 Introduced by: Sessions, Pete Republican · Texas See on congress.gov
Taxation Bank loansCommerceCommunity development bankingCorporation taxes
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Depressed areasEconomics and Public FinanceFinance and Financial SectorIncome taxSmall businessTax exclusionTax rates
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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
Jun 4, 2003
Referred to the House Committee on Ways and Means.
Jun 4, 2003
Introduced in House
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 Latest action June 4, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Community Savings and Investment Act of 2003 - Amends the Internal Revenue Code to: (1) establish a separate tax rate for a qualified community lender; and (2) permit the exclusion from gross income of distressed community banking income.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 2341: Community Savings and Investment Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-2341/
MLA
"H.R. 2341: Community Savings and Investment Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-2341/.
Bluebook (legal)
H.R. 2341, 108th Cong. (2026), https://openamerica.io/bill/108-HR-2341/.
Markdown link
[H.R. 2341: Community Savings and Investment Act of 2003](https://openamerica.io/bill/108-HR-2341/)
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