About the bill
The Jobs and Growth Tax Relief Reconciliation Act of 2003 ("JGTRRA", Pub.L. 108–27, 117 Stat. 752), was passed by the United States Congress on May 23, 2003 and signed into law by President George W. Bush on May 28, 2003. Nearly all of the cuts (individual rates, capital gains, dividends, estate tax) were set to expire after 2010.
Among other provisions, the act accelerated certain tax changes passed in the Economic Growth and Tax Relief Reconciliation Act of 2001, increased the exemption amount for the individual Alternative Minimum Tax, and lowered taxes of income from dividends and capital gains. The 2001 and 2003 acts are known together as the "Bush tax cuts".
This summary is from Wikipedia.
Sponsor and status
William M. “Bill” Thomas
Sponsor. Representative for California's 22nd congressional district. Republican.
108th Congress (2003–2004)
Enacted — Signed by the President on May 28, 2003
This bill was enacted after being signed by the President on May 28, 2003.
51 Cosponsors (51 Republicans)
Position statements
What legislators are saying
“Larson blasts gop leadership”
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Rep. John Larson [D-CT1]
on May 8, 2003
“President Signs Jobs And Economic Growth Package”
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Sen. John Cornyn [R-TX]
on May 28, 2003
“Tax Relief For Texans”
—
Sen. John Cornyn [R-TX]
on May 23, 2003
History
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Feb 27, 2003
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Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. |
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May 6, 2003
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Ordered Reported
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee. |
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May 9, 2003
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Rules Change —
Agreed To
This activity took place on a related bill, H.Res. 227 (108th). |
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May 9, 2003
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Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. |
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May 15, 2003
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Passed Senate with Changes (back to House)
The Senate passed the bill with changes not in the House version and sent it back to the House to approve the changes. |
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May 23, 2003
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Conference Report Agreed to by House (Senate next)
A conference committee was formed, comprising members of both the House and Senate, to resolve the differences in how each chamber passed the bill. The House approved the committee's report proposing the final form of the bill for consideration in both chambers. The Senate must also approve the conference report. |
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May 23, 2003
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Conference Report Agreed to by Senate
The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. |
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May 23, 2003
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Rules Change —
Agreed To
This activity took place on a related bill, H.Res. 253 (108th). |
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May 28, 2003
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Enacted — Signed by the President
The President signed the bill and it became law.
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H.R. 2 (108th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 2. This is the one from the 108th Congress.
This bill was introduced in the 108th Congress, which met from Jan 7, 2003 to Dec 9, 2004. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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“H.R. 2 — 108th Congress: Jobs and Growth Tax Relief Reconciliation Act of 2003.” www.GovTrack.us. 2003. March 20, 2023 <https://www.govtrack.us/congress/bills/108/hr2>
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Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.
