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HR 44 108th Congress House

Investment Tax Incentive Act of 2003

Official title: To amend the Internal Revenue Code of 1986 to provide reduced capital gain rates for qualified economic stimulus gain and to index the basis of assets of indiv… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to provide reduced capital gain rates for qualified economic stimulus gain and to index the basis of assets of individuals for purposes of determining gains and losses.

Introduced: March 11, 2003 See on congress.gov
Taxation Capital gains taxCommerceCorporation taxesEconomics and Public Finance
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Income taxIndexing (Economic policy)Tax exclusionTax ratesValuation
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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
Jan 7, 2003
Referred to the House Committee on Ways and Means.
Jan 7, 2003
Introduced in House
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 Latest action January 7, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Investment Tax Incentive Act of 2003 - Amends the Internal Revenue Code to provide for reduced capital gain rates for qualified economic stimulus gain. Defines "qualified economic stimulus gain" as the aggregate long-term capital gain (with specified exceptions) from property the holding period for which begins during the 2-year period beginning on the date of the enactment.

Provides for the indexing of assets (certain stocks and tangible property) for purposes of determining gain or loss.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 3
R
Wilson, Joe
South Carolina · May 22, 2003
TIAHRT, TODD
· Mar 11, 2003
 R
Wicker, Roger F.
Mississippi · Mar 11, 2003
 R
Sessions, Pete
Texas · Jan 7, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 44: Investment Tax Incentive Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-44/
MLA
"H.R. 44: Investment Tax Incentive Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-44/.
Bluebook (legal)
H.R. 44, 108th Cong. (2026), https://openamerica.io/bill/108-HR-44/.
Markdown link
[H.R. 44: Investment Tax Incentive Act of 2003](https://openamerica.io/bill/108-HR-44/)
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