HR 1498 · 108th Congress · Taxation

Small Business Opportunity and Growth Act of 2003

Introduced 2003-03-27· Sponsored by Rep. Ramstad, Jim [R-MN-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-03-27)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Opportunity and Growth Act of 2003 - Amends the Internal Revenue Code to provide that the tax imposed on the recognition of built-in gain by an S corporation shall not apply to the extent such gain is reinvested in the business.…

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

Cosponsors (13)

13 Republicans
Rep. Crane, Philip M. [R-IL-8]IL
Rep. Johnson, Nancy L. [R-CT-5]CT
Rep. Herger, Wally [R-CA-2]CA
Rep. Camp, Dave [R-MI-4]MI
Rep. Johnson, Sam [R-TX-3]TX
Rep. English, Phil [R-PA-3]PA
Rep. Weller, Jerry [R-IL-11]IL
Rep. McInnis, Scott [R-CO-3]CO
Rep. Foley, Mark [R-FL-16]FL
Rep. Brady, Kevin [R-TX-8]TX
Rep. Cox, Christopher [R-CA-48]CA
Rep. Terry, Lee [R-NE-2]NE
Rep. Cantor, Eric [R-VA-7]VA