H.R. 3002 · 108th Congress

Terrorist Tax Exemption Suspension Act of 2003

Stage
In committee
Introduced
2003-09-04
Latest action
2003-09-04 · Introduced in House

Summary

Terrorist Tax Exemption Suspension Act of 2003 - Amends the Internal Revenue Code to suspends the tax-exempt status of a designated terrorist organization (as defined by this Act). Denies: (1) deductions for contributions made to such an organization; and (2) administrative or judicial challenge to such suspension or denial. Provides for refund or credit in a case of erroneous designation.