HR 5172 · 110th Congress · Taxation

Immediate Financial Assistance for America's Seniors Act of 2008

Introduced 2008-01-29· Sponsored by Rep. Donnelly, Joe [D-IN-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2008-01-29)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

10 Democrats4 Republicans