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H.R. 2972 · 108th Congress

Rural Economic Growth Act of 2003

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Rural Economic Growth Act of 2003 - Amends the Internal Revenue Code to establish a rural investment tax credit of 50 percent of the present value of new buildings (including rehabilitation projects) and 50 percent of the present value of existing buildings.

What it does: CRS summary · Introduced in House · Jul 25, 2003

Rural Economic Growth Act of 2003 - Amends the Internal Revenue Code to establish a rural investment tax credit of 50 percent of the present value of new buildings (including rehabilitation projects) and 50 percent of the present value of existing buildings.

Makes a qualified rural employee a member of a targeted group for purposes of the work opportunity credit.

Directs the Secretary of Labor to award grants to eligible entities offering career training to residents of rural areas to assist such entities to improve the job skills necessary for employment in specific industries.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Rural Economic Growth Act of 2003

Latest action (Sep 22, 2003): Referred to the Subcommittee on 21st Century Competitiveness.

Policy area: Housing and Community Development · Origin: House · Introduced: Jul 25, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.