S. 1688 · 108th Congress
Securing American Factory Employment (SAFE) Act
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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.
D
RockefellerSponsorNo cosponsors.
Securing American Factory Employment (SAFE) Act - Amends the Internal Revenue Code to: (1) repeal the exclusion of extraterritorial income from gross income; (2) allow a nine percent deduction for qualified production activities attributable to domestic production; and (3) allow, through 2003, a tax credit for 75 percent of employer provided retired…
What it does: CRS summary · Introduced in Senate · Sep 30, 2003
Securing American Factory Employment (SAFE) Act - Amends the Internal Revenue Code to: (1) repeal the exclusion of extraterritorial income from gross income; (2) allow a nine percent deduction for qualified production activities attributable to domestic production; and (3) allow, through 2003, a tax credit for 75 percent of employer provided retired employee health insurance expenses.
Amends the Tariff Act of 1930 to revise various factors that the International Trade Commission must consider in making material injury determinations in countervailing duty and antidumping duty proceedings.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Securing American Factory Employment (SAFE) Act
Latest action (Sep 30, 2003): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12200-12203)
Policy area: Taxation · Origin: Senate · Introduced: Sep 30, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.