To amend the Internal Revenue Code of 1986 to repeal the 2 percent excise tax on the net investment income of tax-exempt foundations.

Summary

Official

Amends the Internal Revenue Code to repeal the two percent excise tax on the net investment income of tax-exempt foundations.

How would you vote on this bill?

Bill Progress

Bill has been introduced and assigned a number

Introduced(1/7/03)

Committee

Passed House

Passed Senate

President

Law

Mr. STEARNS

(R) FL – 6

PAUL

(R) TX

LAHOOD

(R) IL

RAMSTAD

(R) MN

BOEHNER

(R) OH

Burr

(R) NC

LEACH

(R) IA

OTTER

(R) ID

LEWIS

(R) KY

SIMMONS

(R) CT

SCHROCK

(R) VA

Referred to the House Committee on Ways and Means.

Jan 7, 2003