Strengthening Social Security Act of 2019
- Last Action
- 5/9/2019
Actions
- 2019-05-09Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-05-09Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-05-09Introduced in House
- 2019-05-09Introduced in House
CRS Summary
As of 2019-05-09 (00)
Strengthening Social Security Act of 2019
This bill expands benefits, and increases specified taxes, related to the Old-Age, Survivors, and Disability Insurance program.
Changes to benefits include (1) increasing the primary insurance amount for certain beneficiaries, (2) calculating cost-of-living adjustments by using a price index that tracks the spending patterns of older consumers, and (3) establishing an alternative benefit for widows or widowers in two-income households.
Changes to taxes include phasing out the cap on earnings subject to the Social Security payroll tax. Under current law, the maximum amount subject to this tax is $132,900.
Cosponsors (16)
- Mark Pocan (D-WI)
- Stephen Lynch (D-MA)
- Matt Cartwright (D-PA)
- Steve Cohen (D-TN)
- BARBARA LEE (D-CA)
- JANICE SCHAKOWSKY (D-IL)
- Susan Wild (D-PA)
- ELEANOR NORTON (D-DC)
- Chellie Pingree (D-ME)
- BETTY MCCOLLUM (D-MN)
- Cedric Richmond (D-LA)
- Debbie Wasserman Schultz (D-FL)
- ADAM SMITH (D-WA)
- BOBBY RUSH (D-IL)
- BENNIE THOMPSON (D-MS)
- GRACE NAPOLITANO (D-CA)
Subjects
- Aging
- Census and government statistics
- Employment taxes
- Inflation and prices
- Marriage and family status
- Self-employed
- Social security and elderly assistance
- Wages and earnings
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.