Summary: S.503 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for S.503. Bill summaries are authored by CRS.

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Introduced in Senate (03/04/2003)

Amends the Internal Revenue Code to establish a special rule allowing a minimum credit against the alternative minimum tax where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.