HR 2504 · 107th Congress · Taxation

Zero Gravity, Zero Tax Act of 2001

Introduced 2001-07-16· Sponsored by Rep. Rohrabacher, Dana [R-CA-45]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-07-16)

Plain Language Summary

[AI summary unavailable — showing source text] Zero Gravity, Zero Tax Act of 2001 - 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican
Rep. Harman, Jane [D-CA-36]CA
Rep. Calvert, Ken [R-CA-43]CA