S 514 · 108th Congress · Taxation
Social Security Benefits Tax Relief Act of 2003
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2003-03-05)
Plain Language Summary
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Social Security Benefits Tax Relief Act of 2003 - Amends the Internal Revenue Code to repeal the 85 percent (second tier) taxation of Social Security and Railroad Retirement benefits. Appropriates, from the general fund, to the Hospital Insurance Trust Fund amounts equal to the reduction in revenue lost because of the repeal.…
Summarized by Claude AI · Non-partisan · For informational purposes only