H.R. 4520 · 108th Congress · enacted
American Jobs Creation Act of 2004
Became Public Law No: 108-357.
Latest official action 2004-10-22 · Enacted
The bill, briefly
American Jobs Creation Act of 2004 - Title I: Provisions Relating to Repeal of Exclusion for Extraterritorial Income - (Sec. 101) Amends the Internal Revenue Code to repeal the tax exclusion for extraterritorial income. Provides transitional relief for taxpayers subject to the repeal by allowing a tax exclusion for extraterritorial income of 80 percent in 2005 and 60 percent in 2006. Permits foreign corporations to revoke elections to be treated as U.S. corporations for purposes of the extraterritorial income tax exclusion without recognition of gain or loss. Authorizes the Secretary of the Treasury to prescribe regulations to prevent abuse resulting from revoked elections. Exempts from the repeal transactions in the ordinary course of a trade or business pursuant to certain binding contracts (including purchase, renewal, or replacement options) in effect on September 17, 2003, and thereafter. (Sec. 102) Allows a tax deduction of nine percent of the lesser of a taxpayer's qualified production activities income or taxable income for the taxable year, beginning in 2010. Phases in the deduction at the rate of three percent in 2005 and 2006 and six percent for 2007, 2008, and 2009. Limits the amount of the deduction to 50 percent of W-2 wages (reportable gross employee wages) paid in a taxable year. Defines "qualified production activities income" as the excess (if any) of domestic…
Congressional Research Service · 2004-10-07
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Cosponsor
Pete Sessions
House · TX District 17 · Republican
$551,944PAC receipts · 2025–2026
Cosponsor
Marsha Blackburn
Senate · TN · Republican
$130,120PAC receipts · 2025–2026
Cosponsor
Harold Rogers
House · KY District 5 · Republican
$335,265PAC receipts · 2025–2026
Cosponsor
John R. Carter
House · TX District 31 · Republican
$514,867PAC receipts · 2025–2026
40 of 40 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
NATIONAL ASSOCIATION OF REALTORS POLITICAL ACTION COMMITTEE$30,000
Pete Sessions · Cosponsor · $10,000
Harold Rogers · Cosponsor · $10,000
John R. Carter · Cosponsor · $10,000
Official PAC recordAMERICAN SOCIETY OF ANESTHESIOLOGISTS POLITICAL ACTION COMMITTEE (ASA PAC)$23,500
Pete Sessions · Cosponsor · $8,500
Marsha Blackburn · Cosponsor · $5,000
John R. Carter · Cosponsor · $10,000
Official PAC recordAMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$22,500
Pete Sessions · Cosponsor · $10,000
Harold Rogers · Cosponsor · $2,500
John R. Carter · Cosponsor · $10,000
Official PAC recordLOCKHEED MARTIN CORPORATION EMPLOYEES' POLITICAL ACTION COMMITTEE$21,000
Pete Sessions · Cosponsor · $3,000
Harold Rogers · Cosponsor · $8,000
John R. Carter · Cosponsor · $10,000
Official PAC recordAMERICAN CRYSTAL SUGAR COMPANY POLITICAL ACTION COMMITTEE$20,000
Pete Sessions · Cosponsor · $10,000
Harold Rogers · Cosponsor · $5,000
John R. Carter · Cosponsor · $5,000
Official PAC recordBUCKEYE LIBERTY POLITICAL ACTION COMMITTEE$20,000
MR. SOUTHERN MISSOURIAN IN THE HOUSE PAC$20,000
Pete Sessions · Cosponsor · $10,000
Harold Rogers · Cosponsor · $5,000
John R. Carter · Cosponsor · $5,000
Official PAC recordNATIONAL AUTOMOBILE DEALERS ASSOCIATION POLITICAL ACTION COMMITTEE$20,000
Pete Sessions · Cosponsor · $5,000
Harold Rogers · Cosponsor · $5,000
John R. Carter · Cosponsor · $10,000
Official PAC recordSPACE EXPLORATION TECHNOLOGIES CORP. PAC$20,000
NATIONAL SHOOTING SPORTS FOUNDATION, INC. POLITICAL ACTION COMMITTEE (NSSF PAC)$18,500
Pete Sessions · Cosponsor · $6,000
Harold Rogers · Cosponsor · $7,500
John R. Carter · Cosponsor · $5,000
Official PAC recordEMPLOYEES OF NORTHROP GRUMMAN CORPORATION PAC$17,500
THE BOEING COMPANY PAC$17,500
AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$16,500
Pete Sessions · Cosponsor · $7,500
Harold Rogers · Cosponsor · $4,000
John R. Carter · Cosponsor · $5,000
Official PAC recordCONSERVATIVE OPPORTUNITY LEADERSHIP AND ENTERPRISE PAC$16,000
GENERAL DYNAMICS CORPORATION POLITICAL ACTION COMMITTEE (GENERAL DYNAMICS EMPLOYEE PAC)$15,500
L3HARRIS TECHNOLOGIES, INC. PAC$15,500
Pete Sessions · Cosponsor · $7,000
Harold Rogers · Cosponsor · $2,000
John R. Carter · Cosponsor · $6,500
Official PAC recordEMPLOYEES OF RTX CORPORATION POLITICAL ACTION COMMITTEE$15,000
IN THE ARENA PAC$15,000
Pete Sessions · Cosponsor · $5,000
Harold Rogers · Cosponsor · $5,000
John R. Carter · Cosponsor · $5,000
Official PAC recordTHE COUNCIL OF INSURANCE AGENTS & BROKERS POLITICAL ACTION COMMITTEE$15,000
Pete Sessions · Cosponsor · $7,500
Harold Rogers · Cosponsor · $2,500
John R. Carter · Cosponsor · $5,000
Official PAC recordAMERICAN ISRAEL PUBLIC AFFAIRS COMMITTEE POLITICAL ACTION COMMITTEE$14,755
Pete Sessions · Cosponsor · $4,994
Harold Rogers · Cosponsor · $4,994
John R. Carter · Cosponsor · $4,767
Official PAC recordTEXAS FARM BUREAU AGFUND$14,400
DELL TECHNOLOGIES, INC. POLITICAL ACTION COMMITTEE$13,500
SAMSUNG ELECTRONICS AMERICA INC POLITICAL ACTION COMMITTEE$13,500
Pete Sessions · Cosponsor · $5,000
Marsha Blackburn · Cosponsor · $2,000
John R. Carter · Cosponsor · $6,500
Official PAC recordHONEYWELL INTERNATIONAL INC. TECHNOLOGIES PUBLIC AFFAIRS COUNCIL (HONPAC)$13,000
ERNST & YOUNG POLITICAL ACTION COMMITTEE$12,500
NATIONAL AIR TRAFFIC CONTROLLERS ASSOCIATION PAC$12,500
NATIONAL CATTLEMEN'S BEEF ASSOCIATION POLITICAL ACTION COMMITTEE (NCBA-PAC)$12,500
BAE SYSTEMS INC. POLITICAL ACTION COMMITTEE (BAE SYSTEMS USA PAC)$11,000
BLUE ORIGIN LLC POLITICAL ACTION COMMITTEE (BLUE ORIGIN PAC)$11,000
NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION AMERICA'S ELECTRIC COOPERATIVES PAC$11,000
Pete Sessions · Cosponsor · $1,000
Harold Rogers · Cosponsor · $2,500
John R. Carter · Cosponsor · $7,500
Official PAC recordBUILD POLITICAL ACTION COMMITTEE OF THE NATIONAL ASSOCIATION OF HOME BUILDERS (BUILDPAC)$10,500
Pete Sessions · Cosponsor · $2,500
Harold Rogers · Cosponsor · $3,000
John R. Carter · Cosponsor · $5,000
Official PAC recordTEXTRON INC. POLITICAL ACTION COMMITTEE$10,500
Pete Sessions · Cosponsor · $2,000
Harold Rogers · Cosponsor · $1,000
John R. Carter · Cosponsor · $7,500
Official PAC recordALLIED PILOTS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Pete Sessions · Cosponsor · $10,000
Official PAC recordAMERICAN REVIVAL PAC$10,000
CACI INTERNATIONAL INC POLITICAL ACTION COMMITTEE (CACI PAC)$10,000
John R. Carter · Cosponsor · $10,000
Official PAC recordCHENIERE ENERGY, INC. PAC$10,000
GENERAL ELECTRIC COMPANY AEROSPACE EMPLOYEE POLITICAL ACTION COMMITTEE (GE AEROSPACE PAC)$10,000
Harold Rogers · Cosponsor · $10,000
Official PAC recordKBR, INC. PAC$10,000
Harold Rogers · Cosponsor · $10,000
Official PAC recordLEONARDO DRS PAC$10,000
John R. Carter · Cosponsor · $10,000
Official PAC recordORACLE AMERICA, INC. POLITICAL ACTION COMMITTEE (ORACLE PAC)$10,000
John R. Carter · Cosponsor · $10,000
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.
Measured outcome: not established
Enactment alone does not show whether a law improved its intended outcome. We need a dated evaluation, observed result or verified implementation record before claiming success or failure.