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H.R. 668 · 108th Congress

Cultural Radio Tax Credit 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.

RAD AndrewsSponsor
6 cosponsors · 4 D, 1 R, 1 I
JHD Hoeffel BSI Sanders MOD Owens DWD Watson DDD Davis VER Ehlers

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

Cultural Radio Tax Credit Act of 2003 - Amends the Internal Revenue Code to allow income tax credits to the owner of a commercial radio station donating the station's license and other assets (a 125 percent credit for the license and a 100 percent credit for the assets) to a tax-exempt organization which agrees to operate the radio broadcasting station…

What it does: CRS summary · Introduced in House · Feb 11, 2003
Cultural Radio Tax Credit Act of 2003 - Amends the Internal Revenue Code to allow income tax credits to the owner of a commercial radio station donating the station's license and other assets (a 125 percent credit for the license and a 100 percent credit for the assets) to a tax-exempt organization which agrees to operate the radio broadcasting station being donated to it as a for-profit venture, with profits dedicated to the support of non-profit fine arts and performing arts organizations in its service area.

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

About this bill and sources

Official title: Cultural Radio Tax Credit Act of 2003

Latest action (Feb 11, 2003): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Feb 11, 2003

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

No recorded floor vote found.