S 911 · 108th Congress 2003–2005, ended

Wage Tax Cut Act of 2003

Fact sheet

Latest action · Apr 11, 2003 Read twice and referred to the Committee on Finance.

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.

  1. IntroducedApr 11, 2003
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Wage Tax Cut Act of 2003 - Directs the Secretary of the Treasury to pay to each eligible individual the lesser of $765, or the amount of the individual's social security taxes, or payments to a State or local governmental pension plan, for 2001.

Amends the Internal Revenue Code to provide a 2002 refund for eligible individuals who did not receive their full 2001 refund, as provided for by this Act.

Provides employers with an income tax credit of up to $765 for payroll taxes paid during the payroll tax holiday (the 12-month period beginning with the first month after the date of enactment of this Act).

Cosponsors 1

Members who signed on, in the order they did. All signed on Apr 11, 2003.

SeatCosponsorSigned on
D-NJJon S. CorzineOriginalApr 11, 2003

Actions 2

Everything that happened, newest first.

  1. Apr 11, 2003Introduced in Senate
  2. Apr 11, 2003Read twice and referred to the Committee on Finance.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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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.