HR 5713 · 95th Congress · Taxation

Combined Old Age Survivors, and Disability Insurance-Income Tax Reporting Amendments

Introduced 1977-03-29· Sponsored by Rep. Zablocki, Clement J. [D-WI-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Combined Old-Age, Survivors, and Disability Insurance - Income Tax Reporting Amendments - Title I: Amendments to Title II of the Social Security Act - Directs the Secretary of the Treasury, under the program of Old-Age, Survivors, and Disability Insurance, to make available to the Secretary of Health, Education, and Welfare information returns filed with the Internal Revenue Service. Empowers the Secretary of HEW and the Secretary of the Treasury to enter into an agreement for the processing of information contained in such returns. Directs the Managing Trustee of the Trust Funds, including the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund, to pay into the Treasury the amounts he and the Secretary of HEW estimate will be expended from the general fund of the Treasury by the Department of HEW and Treasury for the administration of (1) titles II, XVI (Supplemental Security Income) and XVIII (Medicare) of the Social Security Act, and (2) specified chapters and subchapters of the Internal Revenue Code. Requires the Secretary of HEW to apportion (between each trust fund and the general fund in the Treasury) the costs of administering su…

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