Postmasters Equity Act of 2003

(This measure has not been amended since it was passed by the Senate on July 29, 2003. The summary of that version is repeated here.)

Postmasters Equity Act of 2003 - Amends Federal law to authorize an organization (other than an organization representing supervisors) that represents at least 20 percent of certain postmasters to participate directly in the planning and development of pay policies and schedules, and fringe benefit programs, and other programs relating to supervisory and other managerial employees.

Grants the postmasters and postmasters' organizations the same consultation and other rights afforded to supervisors and supervisors' organizations.

Provides that if two or more postmasters' organizations exist such organizations shall: (1) be treated as if they constituted a single organization and in accordance with such arrangements as the organizations shall mutually agree to; and (2) in the case of any fact-finding panel convened by the Federal Mediation and Conciliation Service at the organizations' request, be jointly and severally liable for the cost of such panel, apart from the portion to be borne by the Service.

States that for purposes of the Employee Thrift Advisory Council's membership: (1) each of such two or more postmasters' organizations shall be treated as a separate organization; and (2) any determination of the number of individuals represented by each of those respective organizations shall be made in a manner consistent with this Act's purposes.