To amend the Internal Revenue Code of 1986 to repeal the 1993 income tax increase on Social Security benefits.
What it does: Inserts new text wherever appropriate
Sen. Jim Bunning (R-KY)Inserts new text wherever appropriate
InsertsInserted: SECTION . SENSE OF THE SENATE ON REPEALING THE 1993 TAX HIKE ON SOCIAL SECURITY BENEFITS SECTION .
Inserted: (a) Findings.--
Inserted: The 1993 tax on Social Security benefits was imposed as part of the President Clinton's agenda to raise taxes;
Inserted: The original 1993 tax hike on Social Security benefits was to raise income taxes on Social Security retirees with as little as $25,000 of income;
Inserted: Repeated efforts to repeal the 1993 tax hike on Social Security benefits have failed; and
Inserted: Seniors rely on Social Security benefits as well as dividend income to fund their retirement and they should have taxes reduced on both sources of income:
Inserted: (b) Sense of the Senate.--It is the Sense of the Senate that the Senate Finance Committee should report out the Social Security Benefits Tax Relief Act of 2003, S. 514, to repeal the tax on seniors not later than July 31, 2003, and the Senate shall consider such bill not later than September 30, 2003 in a manner consistent with the preservation of the Medicare Trust Fund.
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 589. Mr. BUNNING (for himself and Mr. McConnell) proposed an amendment to the bill S. 1054, to provide for reconciliation pursuant to section 201 of the concurrent resolution on the budget for fiscal year 2004; as follows:
At the appropriate place, insert the following:
SECTION . SENSE OF THE SENATE ON REPEALING THE 1993 TAX HIKE ON SOCIAL SECURITY BENEFITS SECTION .
(a) Findings.--
The 1993 tax on Social Security benefits was imposed as part of the President Clinton's agenda to raise taxes;
The original 1993 tax hike on Social Security benefits was to raise income taxes on Social Security retirees with as little as $25,000 of income;
Repeated efforts to repeal the 1993 tax hike on Social Security benefits have failed; and
Seniors rely on Social Security benefits as well as dividend income to fund their retirement and they should have taxes reduced on both sources of income:
(b) Sense of the Senate.--It is the Sense of the Senate that the Senate Finance Committee should report out the Social Security Benefits Tax Relief Act of 2003, S. 514, to repeal the tax on seniors not later than July 31, 2003, and the Senate shall consider such bill not later than September 30, 2003 in a manner consistent with the preservation of the Medicare Trust Fund.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Roll call votes on amendments in Senate: Amendment SA 589 agreed to in Senate by Yea-Nay Vote. 98 - 2. Record Vote Number: 148.
May 15, 2003
View full timeline
Roll call votes on amendments in Senate: Amendment SA 589 agreed to in Senate by Yea-Nay Vote. 98 - 2. Record Vote Number: 148.
May 15, 2003
Senate amendment agreed to: Amendment SA 589 agreed to in Senate by Yea-Nay Vote. 98 - 2. Record Vote Number: 148.
May 15, 2003
Considered by Senate. (consideration: CR S6408)
May 15, 2003
Amendment SA 589 agreed to in Senate by Yea-Nay Vote. 98 - 2. Record Vote Number: 148.
May 15, 2003
Senate amendment submitted
May 14, 2003
Senate amendment proposed (on the floor): Amendment SA 589 proposed by Senator Bunning.(consideration: CR S6197-6198; text: CR S6197)
May 14, 2003
Amendment SA 589 proposed by Senator Bunning. (consideration: CR S6197-6198; text: CR S6197) To amend the Internal Revenue Code of 1986 to repeal the 1993 income tax increase on Social Security benefits.
May 14, 2003