S. 725Senate111th Congress (2009-2011)In Committee

Equity for Our Nation's Self Employed Act of 2009

Introduced March 26, 2009

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3925)

March 26, 2009

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SenateIntro Referral

Introduced in Senate

March 26, 2009

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S3925)

March 26, 2009

SenateIntro Referral

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3925)

March 26, 2009

Floor Debate

18 members

What members said about S. 725 on the floor

3 Republicans15 Democrats
Tom Harkin
Sen. Tom HarkinD-IA · Mar 26, 2009

Mr. President, today, I am proud to introduce the Civil Access to Justice Act of 2009, which will expand and improve vital civil legal services to our most vulnerable Americans. This is an issue that…

Jim Webb
Sen. Jim WebbD-VA · Mar 26, 2009

Today I am pleased to be introducing a piece of legislation designed to establish a national criminal justice commission. I do so with, at the moment, 12 cosponsors, including our majority leader,…

Arlen Specter
Sen. Arlen SpecterD-PA · Mar 26, 2009

I begin by complimenting my distinguished colleague from Virginia for his initiative in proposing the creation of a national commission to examine criminal justice. There have been many Commissions…

Kay Bailey Hutchison
Sen. Kay Bailey HutchisonR-TX · Mar 26, 2009

I rise to talk about legislation that has been introduced today. My colleague and friend, Senator Ted Kennedy, and I and Senator Feinstein are introducing a bill that we hope will help advance…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Mar 26, 2009

I rise today to introduce a piece of legislation that this body has seen before, and actually we have passed a version of it by an overwhelming majority. But we have had difficulty as this bill has…

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Mark Udall
Sen. Mark UdallD-CO · Mar 26, 2009

Mr. President, I am today introducing a bill to provide additional resources for use by the Federal land-managing agencies to restore lands damaged as a result of legal violations and to promote…

Edward M. Kennedy
Sen. Edward M. KennedyD-MA · Mar 26, 2009

Mr. President, 37 years ago, a Republican President and Democratic Congress came together in a new commitment to find a cure for cancer. At the time, a cancer diagnosis meant almost certain death. In…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · Mar 26, 2009

Mr. President, I am pleased to introduce the Veterans' Insurance and Benefits Enhancement Act of 2009. This comprehensive legislation, much of which was considered and passed by the Senate in the…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Mar 26, 2009

Mr. President, I rise in support of the National Lighthouse Stewardship Act, which will create a 3-year competitive grant program to be administered by the Department of the Interior that will help…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · Mar 26, 2009

Mr. President, today, along with my colleague Senator Collins from Maine, I am introducing legislation to address the needs of the nearly one-quarter of all Medicare beneficiaries who live in rural…

Max Baucus
Sen. Max BaucusD-MT · Mar 26, 2009

Mr. President, there is a storm brewing. This storm is not an act of God. It is man-made. It is coming to a head next year. The 2001 tax cut law gave much-needed tax relief to families with children.…

Ron Wyden
Sen. Ron WydenD-OR · Mar 26, 2009

Mr. President, today, I am joining my colleagues from Maine, Connecticut, and Delaware, in introducing the Protect Children from Dangerous Lighters Act, a ban on novelty cigarette lighters. Novelty…

Carl Levin
Sen. Carl LevinD-MI · Mar 26, 2009

Mr. President, today, with Senators Snowe, Stabenow, Collins and Schumer, I introduce The National Lighthouse Stewardship Act. This legislation creates a three-year competitive grant program at the…

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Jeff Bingaman
Sen. Jeff BingamanD-NM · Mar 26, 2009

Mr. President, I rise today along with Senator Hatch to reintroduce the Equity for Our Nation's Self-Employed Act of 2009. This important legislation corrects an inequity that currently exists in our…

Jeff Bingaman
Sen. Jeff BingamanD-NM · Mar 26, 2009

Mr. President, I rise today along with Senator Hatch to reintroduce the Equity for Our Nation's Self-Employed Act of 2009. This important legislation corrects an inequity that currently exists in our…

Susan M. Collins
Sen. Susan M. CollinsR-ME · Mar 26, 2009

Mr. President, I rise to join Senator Wyden in introducing a bill that will ban the sale of certain novelty lighters that children can mistake for toys, often with tragic consequences for themselves…

Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Mar 26, 2009

Mr. President, I am pleased to join Senator Durbin once again to introduce the Development, Relief, and Education for Alien Minors Act, DREAM. This legislation has the potential to change the lives…

Patty Murray
Sen. Patty MurrayD-WA · Mar 26, 2009

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Mar 26, 2009

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

Latest available legislative text

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Introduced in SenateIssued March 26, 2009

II

111th CONGRESS

1st Session

S. 725

IN THE SENATE OF THE UNITED STATES

March 26, 2009

Mr. Bingaman (for himself and Mr. Hatch) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to allow self-employed individuals to deduct health insurance costs in computing self-employment taxes.

1.

Short title

This Act may be cited as the Equity for Our Nation’s Self Employed Act of 2009.

2.

Deduction for health insurance costs in computing self-employment taxes

(a)

In general

Section 162(l) of the Internal Revenue Code of 1986 (relating to special rules for health insurance costs of self-employed individuals) is amended by striking paragraph (4) and by redesignating paragraph (5) as paragraph (4).

(b)

Effective date

The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.