To amend the Internal Revenue Code of 1986 to reduce individual income taxes by creating a new 5 percent rate of tax and to increase section 179 expensing for small businesses.
The bill’s titles are written by its sponsor.
Sponsor and status
Joseph “Joe” Knollenberg
Sponsor. Representative for Michigan's 9th congressional district. Republican.
Last Updated: Jan 23, 2008
Length: 7 pages
110th Congress (2007–2009)
This bill was introduced on January 23, 2008, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
1 Cosponsor (1 Republican)
Jan 23, 2008
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 5126 (110th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 5126. This is the one from the 110th Congress.
This bill was introduced in the 110th Congress, which met from Jan 4, 2007 to Jan 3, 2009. Legislation not passed by the end of a Congress is cleared from the books.
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GovTrack.us. (2023). H.R. 5126 — 110th Congress: Family Security and Small Business Stimulus Act of 2008. Retrieved from https://www.govtrack.us/congress/bills/110/hr5126
“H.R. 5126 — 110th Congress: Family Security and Small Business Stimulus Act of 2008.” www.GovTrack.us. 2008. June 9, 2023 <https://www.govtrack.us/congress/bills/110/hr5126>
Family Security and Small Business Stimulus Act of 2008, H.R. 5126, 110th Cong..
|title=H.R. 5126 (110th)
|accessdate=June 9, 2023
|author=110th Congress (2008)
|date=January 23, 2008
|quote=Family Security and Small Business Stimulus Act of 2008
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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.