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United States · Bill · S

S. 2503 (95th)

Social Security Refinancing Act

referredUnited States· United States Congress· EN

Introduced

6 February 1978

Last action

6 February 1978 · Introduced

Status

Referred to Senate Committee on Finance.

Sponsors

Sen. Nelson, Gaylord [D-WI], Sen. Eagleton, Thomas F. [D-MO], Sen. Danforth, John C. [R-MO], Sen. Ribicoff, Abraham A. [D-CT], Sen. Hathaway, William D. [D-ME], Sen. Javits, Jacob K. [R-NY], Sen. Haskell, Floyd K. [D-CO], Sen. Moynihan, Daniel Patrick [D-NY], Sen. Matsunaga, Spark M. [D-HI], Sen. Chiles, Lawton [D-FL], Sen. Hollings, Ernest F. [D-SC], Sen. Hart, Gary W. [D-CO], Sen. Huddleston, Walter (Dee) [D-KY], Sen. Heinz, John [R-PA], Sen. McGovern, George [D-SD], Sen. Anderson, Wendell R. [D-MN], Sen. Biden, Joseph R., Jr. [D-DE], Sen. Melcher, John [D-MT], Sen. McIntyre, Thomas J. [D-NH], Sen. Stevenson, Adlai E., III [D-IL], Sen. Durkin, John A. [D-NH], Sen. Hatfield, Mark O. [R-OR], Sen. Hatfield, Paul [D-MT]

Subjects

Discovery layer

Source updated

2 September 2025

Official sourceView documentsShare

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.

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

Timeline

  1. 6 February 1978

    Introduced

    Referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 6 February 1978

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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