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HR 4128 108th Congress House

To amend the Internal Revenue Code of 1986 to permanently extend the 50-percent bonus depreciation added by the Jobs and Growth Tax Relief Reconciliation Act of 2003, and for other purposes.

Introduced: June 9, 2004 See on congress.gov
Taxation AccountingCommerceContractsCorporation taxes
More subjectsShow fewer subjects
Depreciation and amortizationFinance and Financial SectorIncome taxMinimum taxTax creditsTax deductionsTax refunds
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 2, 2004
Referred to the House Committee on Ways and Means.
Apr 2, 2004
Sponsor introductory remarks on measure. (CR E522)
Apr 2, 2004
Introduced in House
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 Latest action April 2, 2004

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to permanently extend the 50 percent and 30 percent bonus depreciation for certain original use property, including water utility property, computer software, or qualified leasehold improvement property, with a recovery period of 20 years or less. Allows a taxpayer to elect an increased refundable minimum tax credit in lieu of taking a bonus depreciation deduction.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1
CRANE, PHILIP
· Jun 9, 2004
 D
Neal, Richard E.
Massachusetts · Apr 2, 2004
TIAHRT, TODD
· Apr 2, 2004
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4128: To amend the Internal Revenue Code of 1986 to permanently extend the 50-percent bonus depreciation added by the Jobs and Growth Tax Relief Reconciliation Act of 2003, and for other purposes.. 108th Congress. Open America. https://openamerica.io/bill/108-HR-4128/
MLA
"H.R. 4128: To amend the Internal Revenue Code of 1986 to permanently extend the 50-percent bonus depreciation added by the Jobs and Growth Tax Relief Reconciliation Act of 2003, and for other purposes.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-4128/.
Bluebook (legal)
H.R. 4128, 108th Cong. (2026), https://openamerica.io/bill/108-HR-4128/.
Markdown link
[H.R. 4128: To amend the Internal Revenue Code of 1986 to permanently extend the 50-percent bonus depreciation added by the Jobs and Growth Tax Relief Reconciliation Act of 2003, and for other purposes.](https://openamerica.io/bill/108-HR-4128/)
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