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HR 4348 118th Congress House Taxation

Fairness in Social Security Act of 2023

Introduced: June 23, 2023 Introduced by: Neguse, Joe Democratic · Colorado See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2024
Referred to the Subcommittee on Social Security.
Jun 23, 2023
Referred to the House Committee on Ways and Means.
Jun 23, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Fairness in Social Security Act of  2023

This bill excludes from modified adjusted gross income, for income tax purposes, any lump-sum social security benefit payment (i.e., a payment of more than one month of social security benefits) that is attributable to months ending before the beginning of the taxable year. It also waives any statute of limitation for credits or refunds resulting from this bill.

What's happening now December 17, 2024

Referred to the Subcommittee on Social Security.

 Committees of jurisdiction 2