PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Income Security and Family Support.
Congressional Research Service
Version 00 · Introduced in House · Jan 23, 2008
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.
People & committees
Rep. Knollenberg, Joe [R-MI-9] · R–MI
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the Subcommittee on Income Security and Family Support.
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E73)
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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