S. 467 — State Sales and Income Tax Deduction Fairness Act of 2003

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.

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Legislative Actions

2003-02-27
Introduced in Senate
2003-02-27
Sponsor introductory remarks on measure. (CR S2924)
2003-02-27
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2925)

State Sales and Income Tax Deduction Fairness Act of 2003

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Summary

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