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HR 3220 108th Congress House Taxation Arts, Culture, Religion Commerce Exhibitions Fees Government Operations and Politics Income tax Interstate commerce Law Licenses Local taxation Service industries Sports and Recreation State taxation

Business Activity Tax Simplification Act of 2003

Introduced: October 1, 2003 See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 13, 2004
Subcommittee Hearings Held.
Oct 22, 2003
Referred to the Subcommittee on Commercial and Administrative Law.
Oct 1, 2003
Referred to the House Committee on the Judiciary.
Oct 1, 2003
Sponsor introductory remarks on measure. (CR E1947)
Oct 1, 2003
Introduced in House
 Plain-English summary Congressional Research Service

Business Activity Tax Simplification Act of 2003 - Amends Federal law concerning the taxation of interstate commerce to expand the scope of the protections prohibiting taxation by jurisdictions of the income of out-of-state corporations whose in-state presence is nominal from just tangible personal property to include intangible property and services.

Requires an out-of-state company to have a physical presence in a State before the State can impose franchise taxes, business license taxes, and other business activity taxes.

What's happening now May 13, 2004

Subcommittee Hearings Held.

 Committees of jurisdiction 2