Fairness in Social Security Act of 2021
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.
Action Date | Type | Text | Source |
---|---|---|---|
2021-02-18 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
2021-02-18 | Committee | Referred to the Subcommittee on Social Security. | House committee actions |
2021-02-18 | IntroReferral | Introduced in House | Library of Congress |