HR 914 · 108th Congress · Taxation
Zero Gravity, Zero Tax Act of 2003
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2003-02-25)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
1 Democrat3 Republicans