Skip to main content
S 427 115th Congress Senate Social Welfare Aging Employment taxes Government trust funds Inflation and prices Interest, dividends, interest rates Self-employed Social security and elderly assistance Wages and earnings

Social Security Expansion Act

Introduced: February 16, 2017 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 16, 2017
Read twice and referred to the Committee on Finance.
Feb 16, 2017
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Social Security Expansion Act

This bill amends title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act to: (1) increase the primary insurance amount for all eligible beneficiaries, beginning in 2023; (2) revise computation of cost-of-living adjustments to use the Consumer Price Index for Elderly Consumers; and (3) increase the special minimum primary insurance amount for lifetime low earners based on years in the workforce.

This bill amends the Internal Revenue Code to: (1) apply employment and self-employment taxes to remuneration up to the contribution and benefit base and to remuneration in excess of $250,000, and (2) increase the tax rate on investment gain from 3.8% to 10% and allocate specified amounts of such tax revenue to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.

What's happening now February 16, 2017

Read twice and referred to the Committee on Finance.

 Related & companion bills 2
  • HR 2855 Related bill Social Security for Future Generations Act of 2017
  • HR 1114 Related bill Social Security Expansion Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Booker, Cory A.
New Jersey · Jul 17, 2018
 D
Merkley, Jeff
Oregon · Mar 21, 2018
 D
Gillibrand, Kirsten E.
New York · Feb 16, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 427: Social Security Expansion Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-427/
MLA
"S. 427: Social Security Expansion Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-427/.
Bluebook (legal)
S. 427, 115th Cong. (2026), https://openamerica.io/bill/115-S-427/.
Markdown link
[S. 427: Social Security Expansion Act](https://openamerica.io/bill/115-S-427/)
Report a problem