HR 2 · 108th Congress · Taxation
Jobs and Growth Tax Relief Reconciliation Act of 2003
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate✓
EnactedLatest: Became Public Law No: 108-27.(2003-05-28)
Recorded Votes
PassedSenate · 2003-05-23
Roll #196 ↗Yea 51Nay 50
PassedSenate · 2003-05-23
Roll #196 ↗Yea 51Nay 50
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Plain Language Summary
[AI summary unavailable — showing source text]
Jobs and Growth Tax Act of 2003 - Amends the Internal Revenue Code to accelerate the following previously enacted tax reductions: (1) the 10-percent individual income tax rate bracket expansion: (2) the reduction in individual income tax rates; (3) the 15-percent individual income tax rate bracket expansion for married taxpayers filing joint returns; (4) the increase in the standard deduction for married taxpayers filing joint returns; and (5) the increase in the child tax credit. Triples the small business expensing limit. Excludes from gross income the excludable portion of dividends. Sets forth definitions and rules concerning such exclusion.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2, Jobs and Growth Tax Act of 2003
May 8, 2003<p>Cost estimate for the bill as ordered reported by the House Committee on Ways and Means on May 6, 2003</p>
Full CBO report ↗H.R. 2, Jobs and Growth Tax Act of 2003
May 8, 2003Cost estimate for the bill as ordered reported by the House Committee on Ways and Means on May 6, 2003
Full CBO report ↗H.R. 2, Jobs and Growth Tax Relief Reconciliation Act of 2003
May 23, 2003<p>Cost estimate for the bill as cleared by the Congress on May 23, 2003</p>
Full CBO report ↗H.R. 2, Jobs and Growth Tax Relief Reconciliation Act of 2003
May 23, 2003Cost estimate for the bill as cleared by the Congress on May 23, 2003
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
20 Republicans