US Congress House Bill 1984 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on April 23 2015 - 25% progression, died in committee
Action: 2015-11-16 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Pending: House Subcommittee on Health, Employment, Labor, and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

FAIR Social Security Act Fair Adjustment and Income Revenue for Social Security Act This bill repeals the cap on the amount of income ($118,500 in 2015) that is subject to the employment or self-employment tax for funding social security benefits. The bill also reallocates employment and self-employment tax revenues to increase Social Security Trust Fund solvency. The Bureau of Labor Statistics of the Department of Labor must prepare and publish an index for each calendar month to be known as the Consumer Price Index for Elderly Consumers that indicates changes in expenditures for consumption that are typical for individuals who are 62 years of age or older. This Index will be used to adjust benefit amounts under the Old Age, Survivors, and Disability Insurance program and Medicare.

FAIR Social Security Act Fair Adjustment and Income Revenue for Social Security Act

Rep. Peter DeFazio [D-OR]	Rep. John Conyers [D-MI]	Rep. Suzan DelBene [D-WA]	Rep. Raul Grijalva [D-AZ]
Rep. Chellie Pingree [D-ME]	Rep. Louise Slaughter [D-NY]	Rep. Jerry McNerney [D-CA]	Rep. Ed Perlmutter [D-CO]
Rep. Michelle Lujan Grisham [D-NM]	Rep. Peter Visclosky [D-IN]	Rep. Barbara Lee [D-CA]

Date	Chamber	Action
2015-11-16	House	Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
2015-04-23	House	Referred to House Education and the Workforce
2015-04-23	House	Referred to House Ways and Means
2015-04-23	House	Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2015-04-23	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/1984/all-info
Text	https://www.congress.gov/114/bills/hr1984/BILLS-114hr1984ih.pdf