House Bill 1161
117th Congress(2021-2022)
Fairness in Social Security Act of 2021
Introduced
Introduced in House on Feb 18, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1161
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Fairness in Social Security Act of 2021
This bill excludes from modified adjusted gross income, for income tax purposes, any lump-sum social security benefit payment (i.e., a payment of more than one month of social security benefits) that is attributable to months ending before the beginning of the taxable year. It also waives any statute of limitation for credits or refunds resulting from this bill.
February 18, 2021
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02/18/2021
Referred to the House Committee on Ways and Means.
02/18/2021
Referred to the Subcommittee on Social Security.
02/18/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:47:20 PM