House
Jun 5, 2003Invest in Space Now Act of 2003
Summary
Official
Invest in Space Now Act of 2003 - Amends the Internal Revenue Code to allow a credit for the purchase of space transportation vehicle provider stock (as defined by this Act). Sets forth separate credit limitations for large and small capitalization providers, as well as aggregate annual limitations. Directs the Secretary of Transportation to carry out a United States Commercial Space Transportation Vehicle Industry Authorization Program to provide tax credit eligibility to support qualified commercial space transportation vehicle development startup ventures.
Bill Progress
Bill has been introduced and assigned a number
Introduced(6/5/03)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
KC
Mr. Calvert
House (R) California – 41
Cosponsors (16)
Topics
Latest Action
Referred to the House Committee on Ways and Means.
Jun 5, 2003