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H.R. 4825

BillFederalHouseIn Committee
Excess War Profits Act of 2004
About This Bill
Committee
Latest Action · July 13, 2004
Referred to the House Committee on Ways and Means.
Congress
108th (2003–2005)
Introduced
July 13, 2004
Cosponsors (0)
None
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Summary

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Excess War Profits Act of 2004 - Amends the Internal Revenue Code to impose an additional tax of 15 percent of taxable income attributable to contracts with the United States specifically for goods or services for the war in Iraq. Exempts amounts received by members of the U.S. Armed Forces or Federal employees for their services from such tax.

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