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Congress > Legislation
H.R. 5140:
Economic Stimulus Act of 2008
110th Congress

This is a bill in the U.S. Congress originating in the House of Representatives ("H.R."). A bill must be passed by both the House and Senate and then be signed by the President before it becomes law.

Bill numbers restart from 1 every two years. Each two-year cycle is called a session of Congress. This bill was created in the 110th Congress, in 2007-2008.

The titles of bills are written by the bill's sponsor and are a part of the legislation itself. GovTrack does not editorialize bill summaries.

2007-2008
Track H.R. 5140 [110th]

Because this bill was introduced in a previous session of Congress, no more action can occur on it.

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Primary Source

See H.R. 5140 [110th] on THOMAS for the official source of information on this bill or resolution.

To provide economic stimulus through recovery rebates to individuals, incentives for business investment, and an increase in conforming and FHA loan limits.

We advise you to take any letters you receive regarding this bill and payment notifications skeptically. Keep in mind that frauds can look very official. Contact your own lender if you have questions. (Some individuals are receiving letters that include a link to this page. GovTrack has nothing to do with those letters.)

Overview

Sponsor:
Text:
Summary | Full Text
Status:
Occurred: IntroducedJan 28, 2008
Occurred: Referred to CommitteeView Committee Assignments
Occurred: Reported by CommitteeJan 30, 2008
Occurred: Amendments (35 proposed)View Amendments
Occurred: Passed HouseJan 29, 2008
Occurred: Passed SenateFeb 7, 2008
Occurred: Signed by PresidentFeb 13, 2008
This bill became law. It was signed by George Bush.
Last Action:
Feb 13, 2008: Became Public Law No: 110-185.
Related:
See the Related Legislation page for other bills related to this one and a list of subject terms that have been applied to this bill. Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned.
Votes:
Jan 29, 2008: This bill passed in the House of Representatives by roll call vote. The vote was held under a suspension of the rules to cut debate short and pass the bill, needing a two-thirds majority. This usually occurs for non-controversial legislation. The totals were 385 Ayes, 35 Nays, 11 Present/Not Voting. Vote Details.
You are not tracking any senators or representatives. To see their votes here, look up a Member of Congress.
Feb 7, 2008: This bill passed in the Senate by roll call vote. The totals were 81 Ayes, 16 Nays, 3 Present/Not Voting. Vote Details.
You are not tracking any senators or representatives. To see their votes here, look up a Member of Congress.
View all 7 votes on this bill.
Question & Answer
Can you answer any of these questions posed by other users? Think of it as a civic good deed. See 36 more questions posed on this topic or submit your own question on the Q&A page.
Oct 27, 2009 12:14 PM - I received a payment reduction notification in the mail saying it could modify my loan and reduce monthly payments, rate reductions, and/or freeze my existing interest rate. Is this legit? - Answer it!
Nov 2, 2009 4:51 AM - I contacted my mortgage company about a mortgage reduction loan. They said I did not qualify because I did not have a loan with Fannie Mae or Freddie Mac. Is this true? - Answer it!
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