HR 3551
112th Congress
House
Taxation
Employment taxes
Government trust funds
Income tax rates
Social security and elderly assistance
Tax administration and collection, taxpayers
Social Security Preservation through Individual Choice Enhancement Act
Introduced: December 2, 2011
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 2, 2011
Referred to the House Committee on Ways and Means.
Dec 2, 2011
Introduced in House
Plain-English summary
Social Security Preservation through Individual Choice Enhancement Act - Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to allow individual taxpayers an election to claim the 2% reduction in employment taxes under such Act in any calendar year beginning in or after 2012.
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to increase the applicable social security retirement age by one month for each calendar year that a taxpayer elects a reduction in employment taxes under this Act.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1