A bill to amend the Internal Revenue Code of 1954 to allow a refundable credit against income tax liability for increases in social security taxes resulting from increases in social security tax rates effective after December 31, 1977.

referredUnited States· United States Congress· EN

Introduced

14 March 1978

Last action

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Status

Referred to Senate Committee on Finance.

Summary

Amends the Internal Revenue Code to allow employers and employees an income tax credit for a portion of the social security taxes paid during the taxable year.

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Documents

1 official file

Introduced in Senate
summary · EN · 14 March 1978
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/senate-bill/2741
Open data entity: https://api.congress.gov/v3/bill/95/s/2741