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- H.R.5316
H.R.5316: Universal Economic Stimulus Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Feb. 7, 2008
- Latest Major Action Feb. 7, 2008
Bill Sponsor
Bill Summary
Universal Economic Stimulus Act of 2008 - Amends the Internal Revenue Code to allow social security or veterans benefits 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 |
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Referred to the House Committee on Ways and Means.
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Feb. 7, 2008 |
Introduced in the House by Tim Walz (D-Minn.) |