S. 767 — A bill to amend the Internal Revenue Code of 1986 to repeal the increase in the tax on social security benefits.

Summary

Amends the Internal Revenue Code to repeal the 85 percent (second tier) taxation of Social Security and Railroad Retirement benefits. Transfers from the general fund in the Treasury to the Hospital Insurance Trust Fund amounts equal to the resultant reduction in revenues.

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Legislative Actions

2003-04-02
Introduced in Senate
2003-04-02
Sponsor introductory remarks on measure. (CR S4705-4706)
2003-04-02
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4706)

A bill to amend the Internal Revenue Code of 1986 to repeal the increase in the tax on social security benefits.

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Summary

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Legislative Actions

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