H.R.46 - Social Security Safety Dividend Act of 2019116th Congress (2019-2020)
|Sponsor:||Rep. Jackson Lee, Sheila [D-TX-18] (Introduced 01/03/2019)|
|Committees:||House - Ways and Means; Transportation and Infrastructure; Veterans' Affairs|
|Latest Action:||House - 02/07/2019 Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. (All Actions)|
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Summary: H.R.46 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (01/03/2019)
Social Security Safety Dividend Act of 2019
This bill directs the Department of the Treasury to disburse to recipients of Social Security benefits or certain other federal benefits a $250 payment in years where no cost-of-living adjustment (COLA) is made.
Individuals entitled to more than one such benefit shall receive only one $250 payment in a non-COLA year. A non-COLA payment shall not be counted as income for determining eligibility for federal assistance or for taxation purposes.