Securing American Factory Employment (SAFE) Act
Latest action · Sep 30, 2003 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12200-12203)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 30, 2003
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Securing American Factory Employment (SAFE) Act - Amends the Internal Revenue Code to: (1) repeal the exclusion of extraterritorial income from gross income; (2) allow a nine percent deduction for qualified production activities attributable to domestic production; and (3) allow, through 2003, a tax credit for 75 percent of employer provided retired employee health insurance expenses.
Amends the Tariff Act of 1930 to revise various factors that the International Trade Commission must consider in making material injury determinations in countervailing duty and antidumping duty proceedings.
Cosponsors
Members who signed on, in the order they did.
Actions 3
Everything that happened, newest first.
- Sep 30, 2003Introduced in Senate
- Sep 30, 2003Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12200-12203)
- Sep 30, 2003Sponsor introductory remarks on measure. (CR S12199-12200)
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Accounting
- Affiliated corporations
- Agricultural cooperatives
- Agriculture and Food
- Arts, Culture, Religion
- Canada
- Commerce
- Computer software
- Employee health benefits
- Exports
- Finance and Financial Sector
- Foreign corporations
- Foreign Trade and International Finance
- Import relief
- Income tax
- International Affairs
- International competitiveness
- Labor and Employment
- Manufacturing industries
- Mexico
- Minimum tax
- Motion pictures
- Partnerships
- Retiree health benefits
- Science, Technology, Communications
- Sound recording and reproducing
- Subsidies
- Tariff
- Tax credits
- Tax deductions
- Tax exclusion
- Taxation
- Taxation of foreign income
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.