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S 503 108th Congress Senate

A bill to amend the Internal Revenue Code of 1986 to allow increase the minimum tax credit where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.

Introduced: March 4, 2003 See on congress.gov
Taxation Employee stock optionsIncome taxLabor and EmploymentMinimum taxTax credits
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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
Mar 4, 2003
Read twice and referred to the Committee on Finance.
Mar 4, 2003
Introduced in Senate
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 Latest action March 4, 2003

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to establish a special rule allowing a minimum credit against the alternative minimum tax where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Mar 4, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). S. 503: A bill to amend the Internal Revenue Code of 1986 to allow increase the minimum tax credit where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.. 108th Congress. Open America. https://openamerica.io/bill/108-S-503/
MLA
"S. 503: A bill to amend the Internal Revenue Code of 1986 to allow increase the minimum tax credit where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-503/.
Bluebook (legal)
S. 503, 108th Cong. (2026), https://openamerica.io/bill/108-S-503/.
Markdown link
[S. 503: A bill to amend the Internal Revenue Code of 1986 to allow increase the minimum tax credit where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.](https://openamerica.io/bill/108-S-503/)
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