A bill to amend title II of the Social Security Act, and the Internal Revenue Code of 1954, to increase to $30,000 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

Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act and the Internal Revenue Code to increase the ceilings on the amount of earnings which may be counted for social security benefit and tax purposes. Sets forth proposed ceiling of $25,300 for calendar year 1976, $16,500 for calendar year 1977, $20,000 for calendar year 1978, $25,000 for calendar year 1979, and $30,000 for calendar year 1980.

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

Timeline

1. 12 May 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 12 May 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 12 May 1977

   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 · 12 May 1977

  Open at official source

Sponsors

• Rep. Bedell, Berkley W. [D-IA-6] · D · Sponsor
• Rep. Whalen, Charles W., Jr. [R-OH-3] · R · Cosponsor
• Sen. Baucus, Max [D-MT] · D · Cosponsor
• Rep. Dellums, Ronald V. [D-CA-9] · D · Cosponsor
• Rep. Edgar, Robert W. [D-PA-7] · D · Cosponsor
• Rep. Eilberg, Joshua [D-PA-4] · D · Cosponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Cosponsor
• Rep. Krebs, John H. [D-CA-17] · D · Cosponsor
• Rep. Nolan, Richard M. [D-MN-8] · D · Cosponsor
• Rep. Pease, Donald J. [D-OH-13] · D · Cosponsor
• Sen. Simon, Paul [D-IL] · D · Cosponsor
• · 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 increase to $30,000 over a 3-year period (subject to further increases based on rises in reported wage levels) the ceiling on amount of earnings which may be counted for social security benefit and tax purposes.