legislation: 102-s-1909

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
102-s-1909 102 s 1909 A bill to liberalize the social security retirement earnings test for individuals who have attained normal retirement age, and to modify the taxation of social security benefits. Social Welfare 1991-11-01 1991-11-01 Read twice and referred to the Committee on Finance. Senate Sen. Moynihan, Daniel Patrick [D-NY] NY D M001054 0 Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to increase the exempted income amount under the social security retirement test for individuals who have attained normal retirement age by $3,000 each year for 1992 through 1996. Amends the Internal Revenue Code to increase to 55 percent for 1992 and 1993, and 60 percent for 1994 and thereafter, the maximum portion of OASDI benefits treated as taxable income for beneficiaries with income over certain threshold amounts. 2025-01-14T18:59:41Z  

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