A bill to amend chapters 2 and 21 of the Internal Revenue Code of 1954 and title II of the Social Security Act to reduce by one-third the rates of the taxes imposed on employees and self-employed individuals for purposes of the old-age, survivors, and disability insurance program, with a corresponding increase in the amount appropriated to the social security trust funds from general revenues for such purposes.

Summary

Reduces, under the Internal Revenue Code and title II (Federal Old-Age, Survivors', and Disability Insurance) of the Social Security Act, by one-third the rates of the taxes imposed on employees and self-employed individuals for purposes of the old-age, survivors, and disability insurance program. Provides for an increase in the amount appropriated to the social security trust funds from general revenues for such purposes.

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 · 25 April 1974

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.