H.R. 4840 · 108th Congress · 2003–2004
Tax Simplification for America's Job Creators Act of 2004
H.R. 4840 in the 108th Congress (2003–2004) has passed the house — introduced on Jul 15, 2004, sponsored by Phil Crane with 18 co-sponsors. Congress held 1 roll call vote on it.
During the 108th Congress (2003–2004), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Passed the House
- Introduced
- Jul 15, 2004
- Co-sponsors
- 18
- Policy area
- Taxation
What it does
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.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Phil Crane (R-IL). Co-sponsors: 1 Democrat, 17 Republicans.
Where it stands
- IntroducedJul 15, 2004
- Passed the HouseJul 21, 2004
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Read twice and referred to the Committee on Finance. (Sep 7, 2004)
How Congress voted
- On Motion to Suspend the Rules and Pass
House · Jul 21, 2004 · Passed424–0
Every roll call vote on this bill
- Tax Simplification for America’s Job Creators Act of 2004House · Jul 21, 2004
More bills from Phil Crane in the 108th Congress
- H.R. 1047: Miscellaneous Trade and Technical Corrections Act of 2004
- H.R. 792: Medicare Patient Access to Physical Therapists Act of 2003
- H.R. 1769: Job Protection Act of 2003
- H.R. 2228: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies…
- H.R. 3901: To amend the Internal Revenue Code of 1986 to allow a deduction for premiums for high deductible…
Other Taxation bills in the 108th Congress
- H.R. 2: Jobs and Growth Tax Relief Reconciliation Act of 2003
- H.R. 1308: Working Families Tax Relief Act of 2004
- H.R. 982: To clarify the tax treatment of bonds and other obligations issued by the Government of American…
- H.R. 4520: American Jobs Creation Act of 2004
- S. 150: Internet Tax Nondiscrimination Act
- H.R. 5365: To treat certain arrangements maintained by the YMCA Retirement Fund as church plans for the…
- H.R. 5394: To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components.
- S. 2: Jobs and Growth Tax Act of 2003
- H.R. 7: Charitable Giving Act of 2003
- H.R. 8: Death Tax Repeal Permanency Act of 2003
Committees
- Finance Committee
- Ways and Means Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 4840 (108th Congress): Tax Simplification for America's Job…,” https://www.capitolreceipts.com/bill/108-hr-4840/tax-simplification-for-americas-job-creators-act-of-2004 (accessed 2026-10-17).