State Sales and Income Tax Deduction Fairness Act of 2003

Fact Sheet API

Bill Number

S 467

Introduced

Feb 27, 2003

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2925)

Sponsor

Cosponsors

Topics

Agriculture and Food Government Operations and Politics Health Income tax Local taxation Medical supplies Minimum tax Motor vehicles Sales tax State taxation Tax deductions Tax rates Taxation Transportation and Public Works Travel costs

Full Text

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Votes

Summary

State Sales and Income Tax Deduction Fairness Act of 2003 - Amends the Internal Revenue Code to allow: (1) the State and local income tax deduction against the alternative minimum tax; and (2) the deduction of State and local general sales taxes in lieu of State and local income taxes.

Actions

Feb 27, 2003

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2925)
Feb 27, 2003

Sponsor introductory remarks on measure. (CR S2924)
Feb 27, 2003

Introduced in Senate

Amendments

Related Bills