H.R.2552 - Senior Citizens Tax Elimination Act115th Congress (2017-2018)
|Sponsor:||Rep. Massie, Thomas [R-KY-4] (Introduced 05/19/2017)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 05/19/2017 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2552 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (05/19/2017)
Senior Citizens Tax Elimination Act
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.