A bill to amend the Internal Revenue Code of 1954 and title II of the Social Security Act to provide a full exemption (through credit or refund) from the employees' tax under the Federal Insurance Contributions Act, and an equivalent reduction in the self-employment tax, in the case of individuals who have attained age 65.

Summary

Provides a full exemption (through credit or refund) from the employees' tax under the Federal Insurance Contributions Act, for purposes of title II of the Social Security Act (Old-Age, Survivors' and Disability Insurance) and an equivalent reduction in the self-employment tax, in the case of individuals who have attained age 65. (Amends 26 U.S.C. 1401)

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

Timeline

1. 3 January 1973

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 3 January 1973

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 January 1973

   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 · 3 January 1973

  Open at official source

Sponsors

• Rep. Koch, Edward I. [D-NY-18] · D · Sponsor
• · hswm00 · Standing

Related records

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