HR 567 · 116th Congress · Taxation

Save Social Security Act of 2019

Introduced 2019-01-15· Sponsored by Rep. Crist, Charlie [D-FL-13]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Worker and Family Support.(2019-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] Save Social Security Act of 2019 This bill modifies the requirements for Social Security payroll taxes and benefits to apply Social Security payroll taxes to annual income above $300,000, include earnings above $300,000 in the benefit formula, and increase to $100,000 the income threshold above which a portion of a taxpayer's Social Security benefits is included in gross income. (Under current law, Social Security payroll taxes apply to the first $132,900 of income in 2019 and a portion of benefits is included in the gross income of individuals with certain income that exceeds thresholds of $0, $25,000, or $32,000, depending on the individual's filing status.)…

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