HR 4348 · 118th Congress · Taxation

Fairness in Social Security Act of 2023

Introduced 2023-06-23· Sponsored by Rep. Neguse, Joe [D-CO-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Social Security.(2024-12-17)

Plain Language Summary

[AI summary unavailable — showing source text] Fairness in Social Security Act of  2023 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.…

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

Cosponsors (1)

1 Democrat