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Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

A bill to amend the Social Security Act and the Internal Revenue Code of 1954 to provide for Federal participation in the costs of the old-age, survivors, and disability insurance program and the medicare program, with appropriate reductions in social security taxes to reflect such participation, and with a substantial increase in the amount of an individual's annual earnings which may be counted for benefit and tax purposes.

Actions Overview (1)

Date Actions Overview
03/02/1978Introduced in House

All Actions (2)

Date All Actions
03/02/1978Referred to House Committee on Ways and Means.
Action By: House of Representatives
03/02/1978Introduced in House
Action By: House of Representatives

Cosponsors (19)

Committees (1)

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 Reports
House Ways and Means03/02/1978 Referred to

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Subjects (9)

Latest Summary (1)

There is one summary for H.R.11246. View summaries

Shown Here:
Introduced in House (03/02/1978)

Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act and the Internal Revenue Code to reduce tax rates below the level established by the Social Security Amendments of 1977 on employment income for both employers and employees and on self-employment income.

Increases Federal contributions to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund established under Title XVIII (Medicare) of the Social Security Act by 50 percent.

Increases the ceiling on the amount of income that is subject to social security taxation to $100,000 in 1979.