A bill to amend title II of the Social Security Act and the Internal Revenue Code of 1954 to provide that any individual may elect (on an annual basis) to contribute to a private retirement plan rather than participating in the social security program.

Summary

Amends the Internal Revenue Code of 1954 and title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to authorize individuals who are enrolled in a private retirement plan to voluntarily exempt themselves from the Old-Age, Survivors, and Disability Insurance program.

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

Timeline

1. 14 March 1979

   Introduced

   Introduced in House

   Source: IntroReferral

2. 14 March 1979

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 14 March 1979

   Introduced

   Introduced in House

   Source: IntroReferral

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 · 14 March 1979

  Open at official source

Sponsors

• Rep. Lloyd, Marilyn [D-TN-3] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend title II of the Social Security Act and the Internal Revenue Code of 1954 to provide that any individual may elect (on an annual basis) to contribute to a private retirement plan rather than participating in the social security program.