118th Congress · HOUSE BILLBILL

H.R. 1046Social Security Expansion Act

To enhance Social Security benefits and ensure the long-term solvency of the Social Security program.

Social welfare
Introduced Feb 14, 2023
Last action Dec 17, 2024
Pipeline · Bill → Law
Step 1
Introduced
Feb 14, 2023
Step 2
Referred
Dec 17, 2024
Education and Workforce · T&I · Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill increases benefits and certain taxes related to the Social Security program. Changes to benefits include (1) increasing the primary insurance amount for certain beneficiaries; (2) revising the method of calculating cost-of-living adjustments; (3) establishing a new minimum benefit for certain low earners; and (4) allowing certain children of retired, deceased, or disabled workers to receive benefits until age 22 if they are a full-time student. Changes to taxes include (1) increasing the net investment income tax and making active trade or business income subject to this tax; and (2) extending payroll taxes on wages, salaries, and self-employment earnings to income above $250,000...

Provisions · 9 sectionsIntroduced in House
Timeline · 5 actions
Dec 17, 2024
Referred to the Subcommittee on Social Security.
Feb 14, 2023
Introduced in House
Feb 14, 2023
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 14, 2023
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 14, 2023
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.