H.R.2504 - Zero Gravity, Zero Tax Act of 2001107th Congress (2001-2002)
|Sponsor:||Rep. Rohrabacher, Dana [R-CA-45] (Introduced 07/16/2001)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 07/16/2001 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: H.R.2504 — 107th Congress (2001-2002)All Information (Except 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.
Introduced in House (07/16/2001)
Establishes a space company investment credit for the purchase of qualified stock in a qualified space company.