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    <number>44</number>
    <updateDate>2023-01-15T21:19:37Z</updateDate>
    <updateDateIncludingText>2023-01-15T21:19:37Z</updateDateIncludingText>
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    <originChamberCode>H</originChamberCode>
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    <introducedDate>2003-01-07</introducedDate>
    <congress>108</congress>
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        <fullName>Rep. Dreier, David [R-CA-26]</fullName>
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        <lastName>DREIER</lastName>
        <party>R</party>
        <state>CA</state>
        <district>26</district>
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        <bioguideId>H000067</bioguideId>
        <fullName>Rep. Hall, Ralph M. [D-TX-4]</fullName>
        <firstName>RALPH</firstName>
        <lastName>HALL</lastName>
        <party>D</party>
        <state>TX</state>
        <middleName>M.</middleName>
        <district>4</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
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      <item>
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        <fullName>Rep. Dunn, Jennifer [R-WA-8]</fullName>
        <firstName>JENNIFER</firstName>
        <lastName>DUNN</lastName>
        <party>R</party>
        <state>WA</state>
        <district>8</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
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        <fullName>Rep. McCarthy, Karen [D-MO-5]</fullName>
        <firstName>KAREN</firstName>
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        <party>D</party>
        <state>MO</state>
        <district>5</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
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      <item>
        <bioguideId>E000187</bioguideId>
        <fullName>Rep. English, Phil [R-PA-3]</fullName>
        <firstName>PHIL</firstName>
        <lastName>ENGLISH</lastName>
        <party>R</party>
        <state>PA</state>
        <district>3</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>S000250</bioguideId>
        <fullName>Rep. Sessions, Pete [R-TX-32]</fullName>
        <firstName>PETE</firstName>
        <lastName>SESSIONS</lastName>
        <party>R</party>
        <state>TX</state>
        <district>32</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>T000461</bioguideId>
        <fullName>Rep. Toomey, Patrick J. [R-PA-15]</fullName>
        <firstName>PATRICK</firstName>
        <lastName>TOOMEY</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>J.</middleName>
        <district>15</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>M001138</bioguideId>
        <fullName>Rep. Manzullo, Donald A. [R-IL-16]</fullName>
        <firstName>DONALD</firstName>
        <lastName>MANZULLO</lastName>
        <party>R</party>
        <state>IL</state>
        <district>16</district>
        <sponsorshipDate>2003-01-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000299</bioguideId>
        <fullName>Rep. Diaz-Balart, Lincoln [R-FL-21]</fullName>
        <firstName>LINCOLN</firstName>
        <lastName>DIAZ-BALART</lastName>
        <party>R</party>
        <state>FL</state>
        <district>21</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000587</bioguideId>
        <fullName>Rep. Pence, Mike [R-IN-6]</fullName>
        <firstName>MIKE</firstName>
        <lastName>PENCE</lastName>
        <party>R</party>
        <state>IN</state>
        <district>6</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000267</bioguideId>
        <fullName>Rep. Weldon, Dave [R-FL-15]</fullName>
        <firstName>DAVE</firstName>
        <lastName>WELDON</lastName>
        <party>R</party>
        <state>FL</state>
        <district>15</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>E000268</bioguideId>
        <fullName>Rep. Everett, Terry [R-AL-2]</fullName>
        <firstName>TERRY</firstName>
        <lastName>EVERETT</lastName>
        <party>R</party>
        <state>AL</state>
        <district>2</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000306</bioguideId>
        <fullName>Rep. Kolbe, Jim [R-AZ-8]</fullName>
        <firstName>JIM</firstName>
        <lastName>KOLBE</lastName>
        <party>R</party>
        <state>AZ</state>
        <district>8</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>A000358</bioguideId>
        <fullName>Rep. Akin, W. Todd [R-MO-2]</fullName>
        <firstName>W.</firstName>
        <lastName>AKIN</lastName>
        <party>R</party>
        <state>MO</state>
        <middleName>TODD</middleName>
        <district>2</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000208</bioguideId>
        <fullName>Rep. Bartlett, Roscoe G. [R-MD-6]</fullName>
        <firstName>ROSCOE</firstName>
        <lastName>BARTLETT</lastName>
        <party>R</party>
        <state>MD</state>
        <middleName>G.</middleName>
        <district>6</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001134</bioguideId>
        <fullName>Rep. Myrick, Sue Wilkins [R-NC-9]</fullName>
        <firstName>SUE</firstName>
        <lastName>MYRICK</lastName>
        <party>R</party>
        <state>NC</state>
        <middleName>WILKINS</middleName>
        <district>9</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001247</bioguideId>
        <fullName>Rep. Brown-Waite, Ginny [R-FL-5]</fullName>
        <firstName>Ginny</firstName>
        <lastName>Brown-Waite</lastName>
        <party>R</party>
        <state>FL</state>
        <district>5</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C000116</bioguideId>
        <fullName>Rep. Cannon, Chris [R-UT-3]</fullName>
        <firstName>CHRIS</firstName>
        <lastName>CANNON</lastName>
        <party>R</party>
        <state>UT</state>
        <district>3</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001147</bioguideId>
        <fullName>Rep. McCotter, Thaddeus G. [R-MI-11]</fullName>
        <firstName>Thaddeus</firstName>
        <lastName>McCotter</lastName>
        <party>R</party>
        <state>MI</state>
        <middleName>G.</middleName>
        <district>11</district>
        <sponsorshipDate>2003-01-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001235</bioguideId>
        <fullName>Rep. Brown, Henry E., Jr. [R-SC-1]</fullName>
        <firstName>HENRY</firstName>
        <lastName>BROWN</lastName>
        <party>R</party>
        <state>SC</state>
        <middleName>E.</middleName>
        <district>1</district>
        <sponsorshipDate>2003-02-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C000873</bioguideId>
        <fullName>Rep. Crane, Philip M. [R-IL-8]</fullName>
        <firstName>PHILIP</firstName>
        <lastName>CRANE</lastName>
        <party>R</party>
        <state>IL</state>
        <middleName>M.</middleName>
        <district>8</district>
        <sponsorshipDate>2003-02-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000373</bioguideId>
        <fullName>Rep. Pitts, Joseph R. [R-PA-16]</fullName>
        <firstName>JOSEPH</firstName>
        <lastName>PITTS</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>R.</middleName>
        <district>16</district>
        <sponsorshipDate>2003-03-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000597</bioguideId>
        <fullName>Rep. Davis, Jo Ann [R-VA-1]</fullName>
        <firstName>JO ANN</firstName>
        <lastName>DAVIS</lastName>
        <party>R</party>
        <state>VA</state>
        <district>1</district>
        <sponsorshipDate>2003-03-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001151</bioguideId>
        <fullName>Rep. Schrock, Edward L. [R-VA-2]</fullName>
        <firstName>EDWARD</firstName>
        <lastName>SCHROCK</lastName>
        <party>R</party>
        <state>VA</state>
        <middleName>L.</middleName>
        <district>2</district>
        <sponsorshipDate>2003-03-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000437</bioguideId>
        <fullName>Rep. Wicker, Roger F. [R-MS-1]</fullName>
        <firstName>Roger</firstName>
        <lastName>Wicker</lastName>
        <party>R</party>
        <state>MS</state>
        <middleName>F.</middleName>
        <district>1</district>
        <sponsorshipDate>2003-03-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000566</bioguideId>
        <fullName>Rep. Ryun, Jim [R-KS-2]</fullName>
        <firstName>JIM</firstName>
        <lastName>RYUN</lastName>
        <party>R</party>
        <state>KS</state>
        <district>2</district>
        <sponsorshipDate>2003-03-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000260</bioguideId>
        <fullName>Rep. Tiahrt, Todd [R-KS-4]</fullName>
        <firstName>TODD</firstName>
        <lastName>TIAHRT</lastName>
        <party>R</party>
        <state>KS</state>
        <district>4</district>
        <sponsorshipDate>2003-03-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000548</bioguideId>
        <fullName>Rep. Garrett, Scott [R-NJ-5]</fullName>
        <firstName>Scott</firstName>
        <lastName>Garrett</lastName>
        <party>R</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2003-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M000472</bioguideId>
        <fullName>Rep. McHugh, John M. [R-NY-23]</fullName>
        <firstName>JOHN</firstName>
        <lastName>MCHUGH</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>23</district>
        <sponsorshipDate>2003-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H000329</bioguideId>
        <fullName>Rep. Hastings, Doc [R-WA-4]</fullName>
        <firstName>DOC</firstName>
        <lastName>HASTINGS</lastName>
        <party>R</party>
        <state>WA</state>
        <district>4</district>
        <sponsorshipDate>2003-03-20</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000447</bioguideId>
        <fullName>Rep. Feeney, Tom [R-FL-24]</fullName>
        <firstName>Tom</firstName>
        <lastName>Feeney</lastName>
        <party>R</party>
        <state>FL</state>
        <district>24</district>
        <sponsorshipDate>2003-03-31</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000265</bioguideId>
        <fullName>Rep. Petri, Thomas E. [R-WI-6]</fullName>
        <firstName>TOM</firstName>
        <lastName>PETRI</lastName>
        <party>R</party>
        <state>WI</state>
        <district>6</district>
        <sponsorshipDate>2003-04-07</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>B000575</bioguideId>
        <fullName>Rep. Blunt, Roy [R-MO-7]</fullName>
        <firstName>ROY</firstName>
        <lastName>BLUNT</lastName>
        <party>R</party>
        <state>MO</state>
        <district>7</district>
        <sponsorshipDate>2003-04-08</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>L000111</bioguideId>
        <fullName>Rep. Latham, Tom [R-IA-4]</fullName>
        <firstName>TOM</firstName>
        <lastName>LATHAM</lastName>
        <party>R</party>
        <state>IA</state>
        <district>4</district>
        <sponsorshipDate>2003-05-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000795</bioguideId>
        <fullName>Rep. Wilson, Joe [R-SC-2]</fullName>
        <firstName>Joe</firstName>
        <lastName>Wilson</lastName>
        <party>R</party>
        <state>SC</state>
        <district>2</district>
        <sponsorshipDate>2003-05-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>F000238</bioguideId>
        <fullName>Rep. Foley, Mark [R-FL-16]</fullName>
        <firstName>MARK</firstName>
        <lastName>FOLEY</lastName>
        <party>R</party>
        <state>FL</state>
        <district>16</district>
        <sponsorshipDate>2003-07-14</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
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          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Corporation taxes</name>
        </item>
        <item>
          <name>Economics and Public Finance</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Indexing (Economic policy)</name>
        </item>
        <item>
          <name>Tax exclusion</name>
        </item>
        <item>
          <name>Tax rates</name>
        </item>
        <item>
          <name>Valuation</name>
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        <name>Taxation</name>
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    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2003-01-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2006-11-28T17:35:40Z</updateDate>
        <text><![CDATA[Investment Tax Incentive Act of 2003 - Amends the Internal Revenue Code to provide for reduced capital gain rates for qualified economic stimulus gain. Defines "qualified economic stimulus gain" as the aggregate long-term capital gain (with specified exceptions) from property the holding period for which begins during the 2-year period beginning on the date of the enactment.<p>Provides for the indexing of assets (certain stocks and tangible property) for purposes of determining gain or loss.]]></text>
      </summary>
    </summaries>
    <title>Investment Tax Incentive Act of 2003</title>
    <titles>
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        <titleType>Display Title</titleType>
        <title>Investment Tax Incentive Act of 2003</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide reduced capital gain rates for qualified economic stimulus gain and to index the basis of assets of individuals for purposes of determining gains and losses.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Investment Tax Incentive Act of 2003</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2003-01-07T05:00:00Z</date>
        <formats/>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2003-01-07</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
    </latestAction>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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