A bill to amend title II of the Social Security Act, and the Internal Revenue Code of 1954, to increase to $28,500 over a 3-year period (subject to further increases based on rises in reported wage levels) the ceiling on the amount of earnings which may be counted for social security benefit and tax purposes.

Summary

Increases, under the Social Security Act and the Internal Revenue Code, the ceiling on the amount of earnings which may be counted for social security benefit and tax purposes. Sets forth proposed ceilings of $15,300 for calendar year 1976, $22,200 for calendar year 1977, $26,100 for calendar year 1978, and $28,500 for calendar year 1979.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 11 March 1976

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.