Introduced
Committee
Markup
Reported
Floor
Passed
Enacted
HR.904 119th Congress

No Tax on Social Security

Status
In Committee
Latest Action
2025-01-31
Sponsor
Van Drew, Jefferson (R-New Jersey)
Official Source
Investability
35/100
Stage
COMMITTEE
Related Bills
1
Full Text
1,421 chars
Alive
Yes
GovGreed Synthesis ·
No Tax on Social Security This bill excludes Social Security and Tier I railroad retirement benefits from gross income for purposes of federal income taxes. The bill also provides funds to cover reductions in transfers to the Social Security, Medicare, and Railroad Retirement trust funds resulting from the enactment of this bill.
2025-01-31
Referred to the House Committee on Ways and Means.
2025-01-31
Introduced in House
2025-01-31
Introduced in House
119 HR 904 IH: No Tax on Social Security U.S. House of Representatives 2025-01-31 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 904 IN THE HOUSE OF REPRESENTATIVES January 31, 2025 Mr. Van Drew introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits. 1. Short title This Act may be cited as the No Tax on Social Security . 2. Repeal of inclusion of social security benefits in adjusted gross income (a) In general Section 86 of the Internal Revenue Code of 1986 (relating to social security benefits) is amended by adding at the end the following new subsection: (g) Termination This section shall not apply to any taxable year beginning after the date of the enactment of this subsection. . (b) Social security trust funds held harmless There are hereby appropriated (out of any money in the Treasury not otherwise appropriated) for each fiscal year to each fund under the Social Security Act (including the Federal Hospital Insurance Trust Fund) or the Railroad Retirement Act of 1974 an amount equal to the reduction in the transfers to such fund for such fiscal year by reason of section 86(g) of the Internal Revenue Code of 1986.
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Bill text sourced from GovInfo.gov · public domain · last updated recently.
Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records.
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