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HR 914 108th Congress House Taxation Capital gains tax Commerce Corporations Finance and Financial Sector Foreign Trade and International Finance Free trade Income tax Investment tax credit Manufacturing industries Service industries Space activities Space commercialization Stocks Tariff Tax exclusion

Zero Gravity, Zero Tax Act of 2003

Introduced: February 25, 2003 See on congress.gov
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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
Feb 25, 2003
Referred to the House Committee on Ways and Means.
Feb 25, 2003
Introduced in House
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 Plain-English summary Congressional Research Service
Zero Gravity, Zero Tax Act of 2003 - Amends the Internal Revenue Code to exclude from gross income: (1) space-related income; and (2) gain on the sale or exchange of any stock of a qualified space corporation.

Establishes a space company investment credit for the purchase of qualified stock in a qualified space company.

What's happening now February 25, 2003

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Calvert, Ken
California · May 21, 2003
 R
Lucas, Frank D.
Oklahoma · May 21, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 914: Zero Gravity, Zero Tax Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-914/
MLA
"H.R. 914: Zero Gravity, Zero Tax Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-914/.
Bluebook (legal)
H.R. 914, 108th Cong. (2026), https://openamerica.io/bill/108-HR-914/.
Markdown link
[H.R. 914: Zero Gravity, Zero Tax Act of 2003](https://openamerica.io/bill/108-HR-914/)
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