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HR 2654 116th Congress House Social Welfare Aging Census and government statistics Employment taxes Inflation and prices Marriage and family status Self-employed Social security and elderly assistance Wages and earnings

Strengthening Social Security Act of 2019

Introduced: May 9, 2019 Introduced by: Sánchez, Linda T. Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2019
Referred 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.
May 9, 2019
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now May 9, 2019

Referred 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.

 Committees of jurisdiction 2