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S 3070 117th Congress Senate Social Welfare

Safeguarding American Families and Expanding Social Security Act of 2021

Introduced: October 26, 2021 Introduced by: Schatz, Brian Democratic · Hawaii See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2021
Read twice and referred to the Committee on Finance.
Oct 26, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

Safeguarding American Families and Expanding Social Security Act of 2021

This bill makes various changes to Social Security benefits, including phasing out the cap on earnings subject to Social Security payroll taxes (currently $142,800 for 2021) and revising the method of calculating Social Security benefits to account for the additional earnings subject to the taxes.

What's happening now October 26, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1