United States · Bill · S
S. 2592 (110th)
Economic Growth Act of 2008
Introduced
5 February 2008
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2025
Summary
Economic Growth Act of 2008 - Amends the Internal Revenue Code to: (1) repeal the dollar and other limitations on the expensing allowance of depreciable business assets; (2) reduce to 25% the maximum corporate income tax rate; (3) provide for an inflation adjustment to the basis of certain capital assets for purposes of determining gain or loss; and (4) reduce from 35 to 15% the alternative capital gains tax rate for corporations.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 5 February 2008
Introduced in Senate (PDF)
Introduced in Senate · EN · 5 February 2008
Introduced in Senate
summary · EN · 5 February 2008
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/2592
- Open data entity: https://api.congress.gov/v3/bill/110/s/2592