HR 4307
108th Congress
House
Taxation
Commerce
Income tax
Labor and Employment
Tax credits
Wages
Small Business Jobs Creation Act of 2004
Introduced: May 6, 2004
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2004
Referred to the House Committee on Ways and Means.
May 6, 2004
Introduced in House
Plain-English summary
Small Business Jobs Creation Act of 2004 - Amends the Internal Revenue Code to allow an employer with annual gross receipts of less than $25 million a business tax credit for 50 percent of the excess of unemployment insurance wages paid in the current year over 102 percent of such wages paid during the preceding calendar year. Limits the annual amount of such credit to $100,000. Terminates the credit after 2009.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1