3.0.0 2532 2023-01-15T16:33:42Z 2023-01-15T16:33:42Z House H HR 2003-06-19 108 hswm00 Ways and Means Committee House Standing Referred to 2003-06-19T14:02:30Z 2003-06-25 Sponsor introductory remarks on measure. (CR E1347) IntroReferral B00100 9 Library of Congress 2003-06-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2003-06-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-06-19 Introduced in House IntroReferral 1000 9 Library of Congress K000113 Rep. Kennedy, Patrick J. [D-RI-1] PATRICK KENNEDY D RI J. 1 N B001230 Rep. Baldwin, Tammy [D-WI-2] Tammy Baldwin D WI 2 2003-06-19 True F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 2003-06-19 True C000380 Del. Christensen, Donna M. [D-VI-At Large] DONNA CHRISTENSEN D VI M. 0 2003-06-25 False E000287 Rep. Emanuel, Rahm [D-IL-5] Rahm Emanuel D IL 5 2003-07-08 False D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2003-07-24 False Taxation Economics and Public Finance Estate tax Gift tax Government trust funds Inheritance tax Old age, survivors and disability insurance Social Welfare Social security finance Tax credits Tax rates Taxation 00 2003-06-19 Introduced in House 2003-09-04T19:09:44Z Save Social Security First Act of 2003 - Repeals subtitles A (Repeal of Estate and Generation-Skipping Transfer Taxes) and E (Carryover Basis at Death; Other Changes Taking Effect With Repeal) of title V (Estate, Gift, and Generation-Skipping Transfer Tax Provisions) of the Economic Growth and Tax Relief Reconciliation Act of 2001. Makes the sunset provisions of such Act inapplicable to the remainder of title V.

Sets the unified estate credit at $3 million and the maximum estate rate at 50 percent.

Appropriates, beginning in 2005, estate tax revenues to the Social Security trust funds.

]]> Save Social Security First Act of 2003 Display Title Save Social Security First Act of 2003 Official Title as Introduced To amend the Internal Revenue Code of 1986 to restore the applicability of the estate tax to estates over $3,000,000, to restore the 50-percent maximum rate, and to deposit revenues from the estate tax into Social Security Trust Funds. Introduced in House IH Short Titles as Introduced Save Social Security First Act of 2003 Introduced in House 2003-06-19T04:00:00Z 2003-06-25 Sponsor introductory remarks on measure. (CR E1347) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.