HR 5172 · 110th Congress · Taxation
Immediate Financial Assistance for America's Seniors Act of 2008
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2008-01-29)
Plain Language Summary
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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