Saving the Earnings and Noting the Investment of Our Retired Seniors Act of 2015

Bill: 114-hr-4140
Sponsor: Rep. Guinta, Frank C. [R-NH-1]
Introduced: 2015-12-01 in the House
Policy area: Social Welfare
Subjects: Appropriations
Employee benefits and pensions
Financial crises and stabilization
Government lending and loan guarantees
Hybrid, electric, and advanced technology vehicles
Income tax credits
Inflation and prices
Nuclear power
Poverty and welfare assistance
Railroads
Social security and elderly assistance
Tax treatment of families
Transportation employees
Veterans' pensions and compensation

Summary:
action_date: 2015-12-01
text: 

Saving the Earnings and Noting the Investment of Our Retired Seniors Act of 2015 or the SENIORS Act of 2015

 
This bill expresses the sense of Congress on a cost-of-living increase to Social Security benefits for seniors.
 
The Department of the Treasury shall disburse a one-time payment to certain individuals who are entitled to a benefit under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act (SSAct), an annuity under the Railroad Retirement Act of 1974, or a veterans benefit, or are eligible for a cash benefit under SSAct title XVI (Supplemental Security Income).
 
The amount disbursed shall be 12% of the amount of such benefit payment or SSI cash benefit payable to the individual for November 2015.
 
The Internal Revenue Code is amended to require a Social Security number to claim the refundable portion of the child tax credit.
 
As offsets for these payments:
 
 
all balances under the United States Enrichment Corporation Fund are hereby permanently rescinded;
 
of the amounts obligated, but not expended, under the Emergency Economic Stabilization Act of 2008 for the Making Home Affordable Program, Treasury shall transfer $2.5 million to the general fund of the Treasury; and
 
of the funds made available to the Department of Energy under the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 for the Advanced Technology Vehicles Manufacturing Loan Program Account for the cost of direct loans as authorized by the Energy Independence and Security Act of 2007, the unobligated balance is hereby rescinded.
 


Legislative actions:
action_date: 2015-12-04
text: Referred to the Subcommittee on Energy and Power.
action_date: 2015-12-03
text: Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
action_date: 2015-12-02
text: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
action_date: 2015-12-01
text: Referred to the Subcommittee on Social Security.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Veterans' Affairs, Transportation and Infrastructure, Appropriations, Energy and Commerce, and Financial Services, 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.
action_date: 2015-12-01
text: Introduced in House
action_date: 2015-12-01
text: Introduced in House