HR 5172
110th Congress
House
Taxation
Income tax
Old age, survivors and disability insurance
Social Welfare
Social security beneficiaries
Tax credits
Tax refunds
Immediate Financial Assistance for America's Seniors Act of 2008
Introduced: January 29, 2008
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 29, 2008
Referred to the House Committee on Ways and Means.
Jan 29, 2008
Introduced in House
Plain-English summary
Immediate Financial Assistance for America's Seniors Act of 2008 - Amends the Internal Revenue Code to allow social security recipients with earned income less than $3,000 a $300 refundable tax credit ($600 for married couples filing a joint tax return) in 2008. Reduces the amount of such credit by 5% of the amount by which the taxpayer's adjusted gross income exceeds $75,000.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1