United States · Bill · HR
H.R. 150 (97th)
Social Security Refinancing Act
Introduced
5 January 1981
Last action
—
Status
Referred to Subcommittee on Health.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Social Security Refinancing Act - Amends titles II (Old-Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act and the Internal Revenue Code to finance the payment of disability insurance benefits and hospital insurance benefits through general tax revenue, rather than through employment and self-employment tax revenues. Reduces the tax rates applicable to employers, employees, and self-employment income to finance the old age and survivors insurance program.
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Documents
1 official file
Introduced in House
summary · EN · 5 January 1981
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/150
- Open data entity: https://api.congress.gov/v3/bill/97/hr/150