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H.R. 6152 · 110th Congress

Family Relief and Economic Stimulus Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 R

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Family Relief and Economic Stimulus Act - Allows federal-state agreements for payment of emergency unemployment compensation to individuals who have exhausted their rights to such compensation.

What it does: CRS summary · Introduced in House · May 22, 2008

Family Relief and Economic Stimulus Act - Allows federal-state agreements for payment of emergency unemployment compensation to individuals who have exhausted their rights to such compensation.

Amends the Internal Revenue Code to: (1) allow individuals who are facing foreclosure to make penalty-free withdrawals from tax-exempt retirement plans; (2) extend through 2008 the tax deduction for dividends received from controlled foreign corporations; (3) suspend the excise tax on gasoline, diesel fuel, and kerosene for a specified period in 2008; and (4) adjust the basis of certain capital assets for inflation for purposes of determining gain or loss for income tax purposes.

Provides additional funding to state and local governments for the redevelopment of abandoned and foreclosed upon residences and for the weatherization of homes of low-income families.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Family Relief and Economic Stimulus Act

Latest action (Jun 2, 2008): Referred to the Subcommittee on Income Security and Family Support.

Policy area: Economics and Public Finance · Origin: House · Introduced: May 22, 2008

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.