Reserve Component Residence Protection Act of 2008 - Requires a second basic allowance for housing to be provided to: (1) a member of a reserve component of the Armed Forces with or without dependents who is called or ordered to active duty to attend accession training, in support of a contingency operation, or for a period of more than 30 days; or (2) a retired Armed Forces member with or without dependents who is ordered to active duty in support of a contingency operation or for a period of more than 30 days. (Under current law, the allowance is authorized but not required and is not payable to a member with dependents.)
Makes payment retroactive for a member of a reserve component or a retired member with dependents who is on active duty as of the enactment of this Act.