H.R.914 - Zero Gravity, Zero Tax Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Rohrabacher, Dana [R-CA-46] (Introduced 02/25/2003)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 02/25/2003 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.914 — 108th Congress (2003-2004)All Information (Except Text)
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.
Introduced in House (02/25/2003)
Establishes a space company investment credit for the purchase of qualified stock in a qualified space company.