US SB3326 | 2017-2018 | 115th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on August 1 2018 - 25% progression, died in committee
Action: 2018-08-01 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 1 2018 - 25% progression, died in committee
Action: 2018-08-01 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax Fairness for Disabled Workers Act This bill amends the Internal Revenue Code to prohibit certain lump-sum payments of Social Security Disability Insurance (SSDI) benefits from being included as income to determine if a taxpayer meets the income requirements for the premium assistance tax credit. The bill applies to lump-sum SSDI payments that are: (1) received during the taxable year, and (2) attributable to prior taxable years. (The premium assistance tax credit is provided to eligible individuals and families to subsidize the purchase of health insurance plans on an exchange established under the Patient Protection and Affordable Care Act.)
Title
Tax Fairness for Disabled Workers Act
Sponsors
| Sen. Angus King [I-ME] | Sen. Marco Rubio [R-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-08-01 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/3326/all-info |
| Text | https://www.congress.gov/115/bills/s3326/BILLS-115s3326is.pdf |
