H.R.434: Social Security Benefits Tax Relief Act of 2003

About This Bill

Bill Cosponsors

115 (6 Democrats, 110 Republicans)

Bill Summary

Social Security Benefits Tax Relief Act of 2003 - Amends the Internal Revenue Code to repeal the 85 percent (second tier) taxation of Social Security and Railroad Retirement benefits. Appropriates, from the general fund, to the Hospital Insurance Trust Fund amounts equal to the reduction in revenue lost because of the repeal. Requires an annual report concerning the funds transferred from the general fund to the Trust Fund.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Jan. 28, 2003

Introduced in the House by Sam Johnson (R-Texas)

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