H.R.5172: Immediate Financial Assistance for America's Seniors Act of 2008

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 29, 2008
  • Latest Major Action Jan. 29, 2008

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Jan. 29, 2008

Introduced in the House by Joe Donnelly (D-Ind.)

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