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United States · Bill · S

S. 1498 (96th)

A bill to amend title II of the Social Security Act to provide an alternative retirement test for certain individuals receiving self-employment income substantially attributable to their activities in a preceding taxable year.

referredUnited States· United States Congress· EN

Introduced

12 July 1979

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to provide that when determining an individual's net earnings from self-employment, for the purpose of computing an individual's benefit amount, if at least 50 percent of the total self-employment income was earned in a year prior to the year in which benefits are being paid, then that amount shall not be considered as net earnings from self-employment.

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Documents

1 official file

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Sources

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