TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Friday, October 22, 2004

President Signs Tax Bill "With No Fanfare"

President Bush this morning signed the American Jobs Creation Act of 2004 (H.R. 4520) aboard Air Force One. The Associated Press story, filed at 12:30 pm EST, reports that he did so "with no fanfare"; indeed, here is the entire White House Press Release:


The President today signed into law:

H.R. 4520, the "American Jobs Creation Act of 2004," which repeals the extraterritorial income exclusion in current tax law; provides domestic manufacturing and other business tax relief, including energy-related tax credits; allows for itemized deduction of State and local sales taxes; provides for reform of tobacco subsidies; includes international tax reform and simplification provisions; and includes various revenue-raising provisions.

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I've blogged the signing at

Posted by: Jim Maule | Oct 22, 2004 12:12:39 PM