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S 2107 112th Congress Senate 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: February 14, 2012 Introduced by: Lee, Mike Republican · Utah See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 2012
Read twice and referred to the Committee on Finance.
Feb 14, 2012
Introduced in Senate
 Plain-English summary Congressional Research Service

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 February 14, 2012

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1