HR 1308 · 108th Congress · Taxation

Working Families Tax Relief Act of 2004

Introduced 2003-03-18· Sponsored by Rep. Thomas, William M. [R-CA-22]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
Enacted
Latest: Became Public Law No: 108-311.(2004-10-04)

Recorded Votes

PassedSenate · 2004-09-23
Roll #188
Yea 92Nay 3
PassedSenate · 2004-09-23
Roll #188
Yea 92Nay 3
PassedHouse · 2004-09-23
Roll #472
Yea 339Nay 65
Democrats
125 Yea·65 Nay
Republicans
213 Yea·0 Nay
PassedHouse · 2004-09-23
Roll #472
Yea 339Nay 65
Democrats
125 Yea·65 Nay
Republicans
213 Yea·0 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Tax Relief, Simplification, and Equity Act of 2003 - Revises Internal Revenue Code expatriation tax provisions. Subjects certain individuals, for a ten year period following citizenship relinquishment or residency termination, to the expatriation (alternative) tax provisions. Provides exceptions for dual citizens and minors. Suspends the tax-exempt status of a designated terrorist organization. Expresses the sense of Congress concerning corporate expatriation. Establishes a special rule for determining the exclusion of gain from the sale of a principal residence for members of the Foreign Service on qualified official extended duty. Provides tax relief for families of the Columbia Space Shuttle. Includes any vaccine against hepatitis A under the 75-cents-per-dose manufacturer's excise tax. Expands the 50-percent tax orphan drug tax credit for expenses related to human clinical testing of drugs for the treatment of certain rare diseases and conditions to include specified testing expenses. Treats as an exempt facility bond any qualified forest conservation bond (as defined). Revises the excise tax provisions on bows, arrows, and other archery equipment. Provides for the application …

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 1308, Working Families Tax Relief Act of 2004

Sep 30, 2004

<p>Direct spending and revenues effects estimate for the bill as cleared by the Congress on September 23, 2004</p>

Full CBO report ↗

H.R. 1308, Working Families Tax Relief Act of 2004

Sep 30, 2004

Direct spending and revenues effects estimate for the bill as cleared by the Congress on September 23, 2004

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office