United States · Bill · S
S. 2503 (95th)
Social Security Refinancing Act
Introduced
6 February 1978
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Social Security Refinancing Act - Amends Title 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 revenues, rather than through employment and self-employment tax revenues. Reduces employment and self-employment tax rates below the rates established by the Social Security Financing Amendments of 1977.
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Documents
1 official file
Introduced in Senate
summary · EN · 6 February 1978
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/senate-bill/2503
- Open data entity: https://api.congress.gov/v3/bill/95/s/2503