Latest Update: Friday, January, 16th 2009

To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. 9/28/2008--Introduced. Temporary Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend through 2009: (1) the tax deductions for state and local sales taxes, qualified tuition and related expenses, and certain expenses of elementary and secondary school teachers; (2) the exemption from withholding of tax of interest-related and short-term capital gain dividends received from a regulated investment company (RIC) and the special rule for RIC stock held in the estate of nonresidents; (3) tax-free distributions from individual retirement plans for charitable purposes; (4) the inclusion of an RIC within the definition of "qualified investment entity" for income tax purposes; and (5) the additional standard tax deduction for real property taxes. Extends through 2009 certain business-related tax provisions,[...]

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Latest Actions
  • 10/02/2008 - Referred to the Subcommittee on National Parks, Forests, and Public Lands.
  • 09/28/2008 - Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Natural Resources, Energy and Commerce, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 09/28/2008 - Referred to House Ways and Means
  • 09/28/2008 - Referred to House Agriculture
  • 09/28/2008 - Referred to House Natural Resources

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