H.R.4215: To amend the Internal Revenue Code of 1986 to update the optional methods for computing net earnings from self-employment.

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Bill Summary

Amends the Internal Revenue Code and title II (Old Age, Survivors, and Disability Insurance Benefits) of the Social Security Act to revise the optional method of computing the net earnings of self-employed individuals for purposes of determining social security benefit eligibility. Replaces the numerical formula for determining benefit eligibility with an indexed calculation based on a lower limit (the amount required under the Social Security...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Nov. 15, 2007

Introduced in the House by Artur Davis (D-Ala.)

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