HR 2358
108th Congress
House
Taxation
Administrative procedure
Auditing
Commerce
Department of Transportation
Finance and Financial Sector
Government Operations and Politics
Government paperwork
Income tax
Investments
Law
Licenses
Space activities
Space commercialization
Spacecraft
Stocks
Tax credits
Transportation and Public Works
Invest in Space Now Act of 2003
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2003
Referred to the House Committee on Ways and Means.
Jun 5, 2003
Introduced in House
Plain-English summary
Invest in Space Now Act of 2003 - Amends the Internal Revenue Code to allow a credit for the purchase of space transportation vehicle provider stock (as defined by this Act). Sets forth separate credit limitations for large and small capitalization providers, as well as aggregate annual limitations.
Directs the Secretary of Transportation to carry out a United States Commercial Space Transportation Vehicle Industry Authorization Program to provide tax credit eligibility to support qualified commercial space transportation vehicle development startup ventures.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1