Social Security Check Tax Cut Act
Social Security Check Tax Cut Act
Plain Language Summary
# Social Security Check Tax Cut Act (S. 1109) Summary This bill, introduced by Senator Pete Ricketts (R-NE), would modify how Social Security benefits are taxed. Currently, seniors with higher incomes may pay federal income taxes on a portion of their Social Security checks.
This bill would reduce or eliminate that tax burden for Social Security recipients. **Who It Affects:** Primarily seniors and retirees receiving Social Security benefits, particularly those with moderate to higher incomes who currently owe taxes on their benefits. **Current Status:** The bill is in committee and has not yet been voted on by the full Senate, meaning it remains in the early stages of the legislative process. **Note:** The specific details of what provisions this bill contains are not available in the information provided. For complete details on exactly how much of the tax would be cut and which recipients would benefit most, you would need to review the full bill text on Congress.gov.
Latest Action
Read twice and referred to the Committee on Finance.