3.0.0 4840 2023-01-14T22:48:16Z 2023-01-14T22:48:16Z House H HR 2004-07-15 108 ssfi00 Finance Committee Senate Standing Referred to 2004-09-07T19:33:05Z hswm00 Ways and Means Committee House Standing Referred to 2004-07-15T13:57:00Z 2004-09-07 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2004-07-22 Senate Received in the Senate. IntroReferral 2004-07-21 17:45:04 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2004-07-21 17:44:54 On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 424 - 0 (Roll no. 405). (text: CR H6475-6477) Floor H37300 2 House floor actions 405 https://clerk.house.gov/evs/2004/roll405.xml House 108 2004-07-21T21:44:54Z 2 2004-07-21 17:44:54 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 424 - 0 (Roll no. 405).(text: CR H6475-6477) Floor 8000 9 Library of Congress 405 https://clerk.house.gov/evs/2004/roll405.xml House 108 2004-07-21T21:44:54Z 2 2004-07-21 17:36:48 Considered as unfinished business. (consideration: CR H6497) Floor H30000 2 House floor actions 2004-07-21 15:28:14 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. Floor H37220 2 House floor actions 2004-07-21 14:46:22 DEBATE - The House proceeded with forty minutes of debate on H.R. 4840. Floor H8D000 2 House floor actions 2004-07-21 14:46:20 Considered under suspension of the rules. (consideration: CR H6475-6483) Floor H30000 2 House floor actions 2004-07-21 14:46:11 Mr. Portman moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2004-07-15 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2004-07-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2004-07-15 Introduced in House IntroReferral 1000 9 Library of Congress C000873 Rep. Crane, Philip M. [R-IL-8] PHILIP CRANE R IL M. 8 N B000589 Rep. Boehner, John A. [R-OH-8] JOHN BOEHNER R OH A. 8 2004-07-15 True D000429 Rep. Doolittle, John T. [R-CA-4] JOHN DOOLITTLE R CA T. 4 2004-07-15 True S000303 Rep. Shaw, E. Clay, Jr. [R-FL-22] E. SHAW R FL CLAY 22 2004-07-15 True C001046 Rep. Cantor, Eric [R-VA-7] ERIC CANTOR R VA 7 2004-07-15 True R000572 Rep. Rogers, Mike J. [R-MI-8] Mike Rogers R MI 8 2004-07-15 True A000358 Rep. Akin, W. Todd [R-MO-2] W. AKIN R MO TODD 2 2004-07-15 True H000528 Rep. Herger, Wally [R-CA-2] WALLY HERGER R CA 2 2004-07-15 True W000795 Rep. Wilson, Joe [R-SC-2] Joe Wilson R SC 2 2004-07-15 True B001232 Rep. Biggert, Judy [R-IL-13] JUDY BIGGERT R IL 13 2004-07-15 True E000187 Rep. English, Phil [R-PA-3] PHIL ENGLISH R PA 3 2004-07-15 True P000555 Rep. Pryce, Deborah [R-OH-15] DEBORAH PRYCE R OH 15 2004-07-19 False B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2004-07-19 False M001147 Rep. McCotter, Thaddeus G. [R-MI-11] Thaddeus McCotter R MI G. 11 2004-07-19 False M001144 Rep. Miller, Jeff [R-FL-1] Jeff Miller R FL 1 2004-07-19 False S000044 Rep. Sandlin, Max [D-TX-1] MAX SANDLIN D TX 1 2004-07-19 False P000449 Rep. Portman, Rob [R-OH-2] Rob Portman R OH 2 2004-07-19 False B001239 Rep. Barrett, J. Gresham [R-SC-3] J. Barrett R SC Gresham 3 2004-07-19 False V000127 Rep. Vitter, David [R-LA-1] David Vitter R LA 1 2004-07-21 False Taxation Accounting Commerce Corporation taxes Cost of living adjustments Depreciation and amortization Economics and Public Finance Finance and Financial Sector Income tax Indexing (Economic policy) Small business Tax deductions Tax simplification Taxation 00 2004-07-15 Introduced in House 2004-08-04T20:04:56Z Tax Simplification for America's Job Creators Act of 2004 - Amends the Internal Revenue Code to extend for two additional years (through 2007): (1) the increased expensing (up to $100,000) of small business assets; (2) the increase (to $400,000) in the cost limitation for property eligible for expensing; and (3) the inflation adjustments for the increased expensing amount and the limitation amount.

Allows an inflation adjustment, beginning in 2004, of the $5 million gross receipts test amount used to determine eligibility for the cash method of accounting.

Repeals or amends certain expired or inoperative provisions of the Code. Enacts a savings provision to prevent changes in tax liability resulting from repeals or amendments made by this Act for periods ending after its enactment date.

]]> 81 2004-07-21 Passed House without amendment 2004-09-16T18:43:55Z (This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Tax Simplification for America's Job Creators Act of 2004 - Amends the Internal Revenue Code to extend for two additional years (through 2007): (1) the increased expensing (up to $100,000) of small business assets; (2) the increase (to $400,000) in the cost limitation for property eligible for expensing; and (3) the inflation adjustments for the increased expensing amount and the limitation amount.

Allows an inflation adjustment, beginning in 2004, of the $5 million gross receipts test amount used to determine eligibility for the cash method of accounting.

Repeals or amends certain expired or inoperative provisions of the Internal Revenue Code. Enacts a savings provision to prevent changes in tax liability resulting from repeals or amendments made by this Act for periods ending after the date of enactment of this Act.

]]> Tax Simplification for America's Job Creators Act of 2004 Display Title Tax Simplification for America's Job Creators Act of 2004 Official Title as Introduced To amend the Internal Revenue Code of 1986 to simplify the taxation of businesses. Introduced in House IH Short Titles as Introduced Tax Simplification for America's Job Creators Act of 2004 Short Titles as Passed House Tax Simplification for America's Job Creators Act of 2004 H House Referred in Senate 2004-09-07T04:00:00Z Engrossed in House 2004-07-21T04:00:00Z Introduced in House 2004-07-15T04:00:00Z 2004-09-07 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.