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H.R. 1161

Referred to Committee

Fairness in Social Security Act of 2021

Introduced 2/18/2021•117th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

2/18/2021 • House

Summary

Fairness in Social Security Act of  2021

This bill excludes from modified adjusted gross income, for income tax purposes, any lump-sum social security benefit payment (i.e., a payment of more than one month of social security benefits) that is attributable to months ending before the beginning of the taxable year. It also waives any statute of limitation for credits or refunds resulting from this bill.

Introduced in House • 2/18/2021

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Topics & Subjects

Policy Area: Taxation
Income tax creditsIncome tax ratesSocial security and elderly assistanceTax administration and collection, taxpayersWages and earnings

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

R[
Rep. Neguse, Joe [D-CO-2]

Democrat • CO-2

Sponsored 2/18/2021

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the House

Introduced

February 18, 2021

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House2/18/2021

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors0