S 1498 · 96th Congress · Social Welfare
A bill to amend title II of the Social Security Act to provide an alternative retirement test for certain individuals receiving self-employment income substantially attributable to their activities in a preceding taxable year.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1979-07-12)
Plain Language Summary
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Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that when determining an individual's net earnings from self-employment, for the purpose of computing an individual's benefit amount, if at least 50 percent of the total self-employment income was earned in a year prior to the year in which benefits are being paid, then that amount shall not be considered as net earnings from self-employment.…
Summarized by Claude AI · Non-partisan · For informational purposes only