HR 524
102th Congress
House
Taxation
Old age, survivors and disability insurance
Social security taxes
Tax rates
Social Security Tax Cut Act of 1991
Introduced: January 14, 1991
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 23, 1991
Referred to the Subcommittee on Social Security.
Jan 14, 1991
Referred to the House Committee on Ways and Means.
Jan 14, 1991
Introduced in House
Plain-English summary
Social Security Tax Cut Act of 1991 - Amends the Internal Revenue Code and title II (Old-Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise social security tax rates to provide for reduced rates until 2015 and increased rates beginning in 2020.
Increases the OASDI contribution and benefit base on a graduated basis from 1990 to 1996.
What's happening now
Referred to the Subcommittee on Social Security.
Committees of jurisdiction
2
Cosponsors
1