H.R.589 - Senior Citizens Tax Elimination Act114th Congress (2015-2016)
|Sponsor:||Rep. Massie, Thomas [R-KY-4] (Introduced 01/28/2015)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 01/28/2015 Referred to the House Committee on Ways and Means. (All Actions)|
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Summary: H.R.589 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in House (01/28/2015)
Senior Citizens Tax Elimination Act
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.
Appropriates funds to cover reductions in transfers to the Social Security and Railroad Retirement Trust Funds resulting from the enactment of this Act. Expresses the sense of Congress against using tax increases to provide revenue necessary to carry out this Act.