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United States · Bill · HR

H.R. 4995 (110th)

Middle Class Jobs Protection Act of 2008

referredUnited States· United States Congress· EN

Introduced

16 January 2008

Last action

16 January 2008 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Cantor, Eric [R-VA-7], Rep. Hensarling, Jeb [R-TX-5], Sen. Blunt, Roy [R-MO], Rep. Campbell, John [R-CA-48], Rep. Granger, Kay [R-TX-12], Rep. Jordan, Jim [R-OH-4], Rep. McHenry, Patrick T. [R-NC-10], Rep. Bachmann, Michele [R-MN-6], Rep. Herger, Wally [R-CA-2], Rep. Chabot, Steve [R-OH-1], Rep. Price, Tom [R-GA-6], Sen. Flake, Jeff [R-AZ], Rep. Feeney, Tom [R-FL-24], Rep. Davis, David [R-TN-1], Rep. Brown, Henry E., Jr. [R-SC-1], Rep. Barrett, J. Gresham [R-SC-3], Rep. Garrett, Scott [R-NJ-5], Rep. Doolittle, John T. [R-CA-4], Rep. Lamborn, Doug [R-CO-5], Rep. Akin, W. Todd [R-MO-2], Rep. Weldon, Dave [R-FL-15], Rep. Kingston, Jack [R-GA-1], Rep. Pitts, Joseph R. [R-PA-16], Rep. Marchant, Kenny [R-TX-24], Rep. Gingrey, Phil [R-GA-11], Rep. Souder, Mark E. [R-IN-3], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Foxx, Virginia [R-NC-5], Rep. Roskam, Peter J. [R-IL-6], Rep. Kuhl, John R. "Randy", Jr. [R-NY-29], Rep. Walberg, Tim [R-MI-5], Rep. Bishop, Rob [R-UT-1], Rep. Franks, Trent [R-AZ-8], Rep. King, Steve [R-IA-4], Rep. Pence, Mike [R-IN-6], Rep. Sessions, Pete [R-TX-17], Rep. Bilbray, Brian P. [R-CA-50], Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Wilson, Joe [R-SC-2], Rep. Dreier, David [R-CA-26], Rep. Keller, Ric [R-FL-8], Sen. Kirk, Mark Steven [R-IL], Rep. Kline, John [R-MN-2], Rep. Neugebauer, Randy [R-TX-19], Rep. Paul, Ron [R-TX-14], Rep. Royce, Edward R. [R-CA-39], Rep. Shuster, Bill [R-PA-9], Rep. Manzullo, Donald A. [R-IL-16]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Middle Class Jobs Protection Act of 2008 - Amends the Internal Revenue Code to: (1) reduce the maximum corporate income tax rate to 25%; (2) increase the expensing allowance for depreciable business assets to $250,000 in 2008 and 2009; (3) increase to 50% the current year bonus depreciation allowance for certain property placed in service in 2008 and 2009; and (4) allow additional carrybacks for certain net operating losses and for excess business and foreign tax credit amounts arising in 2008 and 2009.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 January 2008

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 16 January 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 16 January 2008

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 16 January 2008

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  • Introduced in House (PDF)

    Introduced in House · EN · 16 January 2008

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 16 January 2008

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Sponsors

Showing 48 of 52 sponsors and actors.

Related records

Sources

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