S 88 · 108th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to suspend future reductions of income tax rates if the Social Security surpluses are used to fund such tax rate cuts.

Introduced 2003-01-07· Sponsored by Sen. Hollings, Ernest F. [D-SC]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2003-01-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that if there exists a Federal on-budget deficit income tax rate reductions shall be suspended until it is determined that such a deficit does not exist.…

Summarized by Claude AI · Non-partisan · For informational purposes only