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H.R. 914 · 108th Congress

Zero Gravity, Zero Tax 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.

4 cosponsors · 1 D, 3 R

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

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 it does: CRS summary · Introduced in House · Feb 25, 2003
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.

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

About this bill and sources

Official title: Zero Gravity, Zero Tax Act of 2003

Latest action (Feb 25, 2003): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Feb 25, 2003

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

No recorded floor vote found.