US HB3551 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Republican 12)
Status: Introduced on December 2 2011 - 25% progression, died in committee
Action: 2011-12-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 2 2011 - 25% progression, died in committee
Action: 2011-12-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Social Security Preservation through Individual Choice Enhancement Act - Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to allow individual taxpayers an election to claim the 2% reduction in employment taxes under such Act in any calendar year beginning in or after 2012. Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase the applicable social security retirement age by one month for each calendar year that a taxpayer elects a reduction in employment taxes under this Act.
Title
Social Security Preservation through Individual Choice Enhancement Act
Sponsors
| Rep. Jeffrey Landry [R-LA] | Rep. Paul Broun [R-GA] | Rep. Blake Farenthold [R-TX] | Rep. Tom Graves [R-GA] |
| Rep. Bill Huizenga [R-MI] | Rep. Raul Labrador [R-ID] | Rep. Doug Lamborn [R-CO] | Rep. Tom McClintock [R-CA] |
| Rep. Mick Mulvaney [R-SC] | Rep. Thomas Petri [R-WI] | Rep. Todd Rokita [R-IN] | Rep. Rob Woodall [R-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-12-02 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB2107 (Related) 2012-02-14 - Read twice and referred to the Committee on Finance.
Subjects
Employment taxes
Government trust funds
Income tax rates
Social security and elderly assistance
Tax administration and collection, taxpayers
Taxation
Government trust funds
Income tax rates
Social security and elderly assistance
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/3551/all-info |
| Text | https://www.congress.gov/112/bills/hr3551/BILLS-112hr3551ih.pdf |
