HR 4352 · 108th Congress · Taxation

Corporate Jet Tax Shelter Reform Act of 2004

Introduced 2004-05-12· Sponsored by Rep. Emanuel, Rahm [D-IL-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-05-12)

Plain Language Summary

[AI summary unavailable — showing source text] Corporate Jet Tax Shelter Reform Act of 2004 - Amends the Internal Revenue Code to limit the tax deduction allowable for employer-provider aircraft flights to the expenses for goods, services, and facilities relating to such aircraft which are treated as employee compensation and wages. Dedicates any increase in Federal receipts resulting from this Act solely to reduction of the public debt.…

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

Cosponsors (10)

10 Democrats