Civil Rights Tax Fairness Act Signed by President

Washington, DC., October 22, 2004. The American Jobs Creation Act (H.R. 4520) was signed into law today, by President Bush. The Civil Rights Tax Relief Act,(CRTRA) Section 703, was preserved in the JOBS bill. CRTRA bars the double taxation of attorneys’ fees. The attorneys’ fees provision is prospective only, and applies to fees and costs paid AFTER October 22, 2004 on judgments or settlements occurring after that date.