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To enhance Social Security benefits and ensure the long-term solvency of the Social Security program.

USA115th CongressHR-1114| House 
| Updated: 3/1/2017
Peter A. DeFazio

Peter A. DeFazio

Democratic Representative

Oregon

Cosponsors (39)
Tim Ryan (Democratic)Marcy Kaptur (Democratic)Robert C. "Bobby" Scott (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Eliot L. Engel (Democratic)Bobby L. Rush (Democratic)Gregorio Kilili Camacho Sablan (Democratic)Carol Shea-Porter (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Paul Tonko (Democratic)Donald M. Payne (Democratic)Wm. Lacy Clay (Democratic)Michael E. Capuano (Democratic)Ro Khanna (Democratic)Henry C. "Hank" Johnson (Democratic)Al Green (Democratic)Brendan F. Boyle (Democratic)Stephen F. Lynch (Democratic)Keith Ellison (Democratic)John Conyers (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Jamie Raskin (Democratic)Louise McIntosh Slaughter (Democratic)Janice D. Schakowsky (Democratic)James P. McGovern (Democratic)Adam Smith (Democratic)William R. Keating (Democratic)Yvette D. Clarke (Democratic)Albio Sires (Democratic)Robert A. Brady (Democratic)Zoe Lofgren (Democratic)Nanette Diaz Barragán (Democratic)Gwen Moore (Democratic)Alcee L. Hastings (Democratic)Grace F. Napolitano (Democratic)

Ways and Means Committee, Social Security Subcommittee, Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Social Security Expansion Act This bill amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) increase the primary insurance amount for all eligible beneficiaries, beginning in 2023; (2) revise computation of cost-of-living adjustments to use the Consumer Price Index for Elderly Consumers; and (3) increase the special minimum primary insurance amount for lifetime low earners based on years in the workforce. This bill amends the Internal Revenue Code to: (1) apply employment and self-employment taxes to remuneration up to the contribution and benefit base and to remuneration in excess of $250,000, and (2) increase the tax rate on investment gain from 3.8% to 10% and allocate specifed amounts of such tax revenue to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.
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Timeline
Feb 16, 2017

Latest Companion Bill Action

S 115-427
Introduced in Senate
Feb 16, 2017
Introduced in House
Feb 16, 2017
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 1, 2017
Referred to the Subcommittee on Social Security.
  • February 16, 2017

    Latest Companion Bill Action

    S 115-427
    Introduced in Senate


  • February 16, 2017
    Introduced in House


  • February 16, 2017
    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 1, 2017
    Referred to the Subcommittee on Social Security.

Social Welfare

Related Bills

  • HR 115-2855: To amend title II of the Social Security Act to enhance Social Security benefits and maintain the commitment and the long-term solvency of the Social Security program.
  • S 115-427: A bill to enhance Social Security benefits and ensure the long-term solvency of the Social Security program.
AgingEmployment taxesGovernment trust fundsInflation and pricesInterest, dividends, interest ratesSelf-employedSocial security and elderly assistanceWages and earnings

To enhance Social Security benefits and ensure the long-term solvency of the Social Security program.

USA115th CongressHR-1114| House 
| Updated: 3/1/2017
Social Security Expansion Act This bill amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) increase the primary insurance amount for all eligible beneficiaries, beginning in 2023; (2) revise computation of cost-of-living adjustments to use the Consumer Price Index for Elderly Consumers; and (3) increase the special minimum primary insurance amount for lifetime low earners based on years in the workforce. This bill amends the Internal Revenue Code to: (1) apply employment and self-employment taxes to remuneration up to the contribution and benefit base and to remuneration in excess of $250,000, and (2) increase the tax rate on investment gain from 3.8% to 10% and allocate specifed amounts of such tax revenue to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 16, 2017

Latest Companion Bill Action

S 115-427
Introduced in Senate
Feb 16, 2017
Introduced in House
Feb 16, 2017
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 1, 2017
Referred to the Subcommittee on Social Security.
  • February 16, 2017

    Latest Companion Bill Action

    S 115-427
    Introduced in Senate


  • February 16, 2017
    Introduced in House


  • February 16, 2017
    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 1, 2017
    Referred to the Subcommittee on Social Security.
Peter A. DeFazio

Peter A. DeFazio

Democratic Representative

Oregon

Cosponsors (39)
Tim Ryan (Democratic)Marcy Kaptur (Democratic)Robert C. "Bobby" Scott (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Eliot L. Engel (Democratic)Bobby L. Rush (Democratic)Gregorio Kilili Camacho Sablan (Democratic)Carol Shea-Porter (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Paul Tonko (Democratic)Donald M. Payne (Democratic)Wm. Lacy Clay (Democratic)Michael E. Capuano (Democratic)Ro Khanna (Democratic)Henry C. "Hank" Johnson (Democratic)Al Green (Democratic)Brendan F. Boyle (Democratic)Stephen F. Lynch (Democratic)Keith Ellison (Democratic)John Conyers (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Jamie Raskin (Democratic)Louise McIntosh Slaughter (Democratic)Janice D. Schakowsky (Democratic)James P. McGovern (Democratic)Adam Smith (Democratic)William R. Keating (Democratic)Yvette D. Clarke (Democratic)Albio Sires (Democratic)Robert A. Brady (Democratic)Zoe Lofgren (Democratic)Nanette Diaz Barragán (Democratic)Gwen Moore (Democratic)Alcee L. Hastings (Democratic)Grace F. Napolitano (Democratic)

Ways and Means Committee, Social Security Subcommittee, Education and Workforce Committee

Social Welfare

Related Bills

  • HR 115-2855: To amend title II of the Social Security Act to enhance Social Security benefits and maintain the commitment and the long-term solvency of the Social Security program.
  • S 115-427: A bill to enhance Social Security benefits and ensure the long-term solvency of the Social Security program.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AgingEmployment taxesGovernment trust fundsInflation and pricesInterest, dividends, interest ratesSelf-employedSocial security and elderly assistanceWages and earnings