Senior Citizens Tax Elimination Act

Bill: 116-hr-3971
Sponsor: full_name: Rep. Massie, Thomas [R-KY-4]
Introduced: 2019-07-25
Policy area: Taxation
Subjects: Appropriations

Employee benefits and pensions

Government trust funds

Income tax exclusion

Income tax rates

Railroads

Social security and elderly assistance

Transportation employees
Latest action: action_date: 2019-07-25
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-07-25
action_desc: Introduced in House
text: <p><b>Senior Citizens Tax Elimination Act </b></p> <p>This bill amends the Internal Revenue Code to repeal the inclusion of any Social Security or tier I railroad retirement benefits in gross income for income tax purposes. The bill also: (1) appropriates funds to cover reductions in transfers to the Social Security and Railroad Retirement Trust Funds resulting from the enactment of this bill, and (2) expresses the sense of Congress against using tax increases to provide revenue necessary to carry out this bill. </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 3971 IN THE HOUSE OF REPRESENTATIVES July 25, 2019 Mr. Massie (for himself, Mr. Fitzpatrick , Mr. Webster of Florida , Mr. Gohmert , Mr. Mooney of West Virginia , Mr. Perry , Mr. Gosar , Mr. Biggs , Mr. Steube , Mr. Cook , Mr. Meadows , Mr. Van Drew , Mr. Gaetz , Mr. Balderson , Mr. Smith of Missouri , Mr. Roy , and Mr. Griffith ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits.

1. Short title This Act may be cited as the Senior Citizens Tax Elimination Act . 2. Repeal of inclusion in gross income of Social Security benefits (a) In general Section 86 of the Internal Revenue Code of 1986 (relating to social security benefits) is amended by adding at the end the following new subsection: (g) Termination This section shall not apply to any taxable year beginning after the date of the enactment of this subsection. . (b) Social Security trust funds held harmless (1) In general There are hereby appropriated (out of any money in the Treasury not otherwise appropriated) for each fiscal year to each fund under the Social Security Act or the Railroad Retirement Act of 1974 an amount equal to the reduction in the transfers to such fund for such fiscal year by reason of section 86(g) of the Internal Revenue Code of 1986. (2) No tax increases It is the sense of the Congress that tax increases will not be used to provide the revenue necessary to carry out paragraph (1).