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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Social Security 2100 Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To protect our Social Security system and improve benefits for current and future generations.


Actions Overview (1)

Date Actions Overview
07/31/2014Introduced in House

All Actions (5)

Date All Actions
11/17/2014Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Action By: Committee on Education and the Workforce
07/31/2014Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and the Budget, 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 By: House of Representatives
07/31/2014Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and the Budget, 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 By: House of Representatives
07/31/2014Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and the Budget, 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 By: House of Representatives
07/31/2014Introduced in House
Action By: House of Representatives

Cosponsors (2)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. DeFazio, Peter A. [D-OR-4] 08/01/2014
Rep. Capuano, Michael E. [D-MA-7] 09/18/2014

Committees (3)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means07/31/2014 Referred to
House Education and the Workforce07/31/2014 Referred to
House Education and the Workforce Subcommittee on Health, Employment, Labor, and Pensions11/17/2014 Referred to
House Budget07/31/2014 Referred to

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.


Latest Summary (1)

There is one summary for H.R.5306. View summaries

Shown Here:
Introduced in House (07/31/2014)

Social Security 2100 Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to:

  • increase the primary insurance amount formula factor from 90% to 93% for all eligible beneficiaries, beginning in 2015;
  • revise computation of cost-of-living adjustments (COLAs) to use the Consumer Price Index for Elderly Consumers (CPI-E);
  • increase the special minimum primary insurance amount (25% above the federal poverty line) for lifetime low earners based on years in the workforce.

Amends the Internal Revenue Code (IRC) to increase the gross income threshold for taxation of Social Security benefits from $25,000 to $50,000 for single taxpayers and from $32,000 to $100,000 for married taxpayers filing joint returns, beginning in 2015.

Amends the IRC and SSA title II to impose the employment tax on all wage income above $400,000, effective in 2015. Requires incremental increases, up to 14.4% in 2037, in the employment and self-employment taxes.

Amends SSA title II to include 2% of an individual's excess average indexed monthly earnings (over $400,000 per annum) in the formula for determining primary insurance amounts.

Amends IRC to increase the Social Security tax rate on employees and employers and with respect to self-employment income.

Amends SSA title II to establish an Independent Social Security Investment Oversight Board to:

  • set up a Common Stock Old-Age Investment Fund in the Federal Old-Age and Survivors Insurance Trust Fund and a Common Stock Disability Investment Fund in the Federal Disability Insurance Trust Fund, and
  • prescibe rules for the investment of the Common Stock Investment Funds in common stock.

Requires reallocation of a portion of employment tax revenues from the OASDI Trust Fund to the Federal Disability Insurance Trust Fund for wages paid after 2014.