Powder-Crack Cocaine Penalty Equalization Act of 2003

Powder-Crack Cocaine Penalty Equalization Act of 2003 - Amends the Controlled Substances Act and the Controlled Substances Import and Export Act to eliminate the disparity in sentencing between crack and powder cocaine, with regard to trafficking, possession, importation, and exportation of such substances, by changing the applicable amounts for powder cocaine to those currently applicable to crack cocaine.