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United States · Bill · HR

H.R. 5126 (110th)

Family Security and Small Business Stimulus Act of 2008

referredUnited States· United States Congress· EN

Introduced

23 January 2008

Last action

Status

Referred to the Subcommittee on Income Security and Family Support.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Family Security and Small Business Stimulus Act of 2008 - Amends the Internal Revenue Code to: (1) allow a reduced 5% income tax rate on taxable income for low-income taxpayers; (2) allow an advance refund in 2008 for the reduction in the tax rate; and (3) increase to $375,000 between 2008 and 2010 the expensing allowance for small business depreciable assets.

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Documents

3 official files

Introduced in House (text)

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Sources

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