402(d)(1)(G)) is amended by striking (if later) and all that follows through the the age of 19, and inserting the following: Section 202(d)(6)(A) of such Act (42 U.S.C. This is the one from the 117th Congress. in the last sentence of subsection (a), by striking subsection (q) and subsection (w) and inserting subsections (q), (w), and (aa); in subsection (b)(2), by striking subsections (k)(5) and (q) and inserting subsections (k)(5), (q), and (aa); in subsection (c)(2), by striking subsections (k)(5) and (q) and inserting subsections (k)(5), (q), and (aa); in subsection (d)(2), by adding at the end the following: This paragraph shall apply subject to subsection (aa). Coordination with special refund provision. The instrumental activities of daily living referred to in subparagraph (A) means activities related to living independently in the community, including. This legislation expands on the previous versions of the Social Security 2100 Act to better strengthen and protect the Social Security program. except as otherwise provided in this paragraph, $35,000, $50,000 in the case of a joint return, and, is married as of the close of the taxable year (within the meaning of section 7703) but does not file a joint return for such year, and. Youve cast your vote. Our public interest mission means we will never put our service behind a paywall. $1341 new minimum Social Security benefit explainedIn this video, we discussed the new $1300 Social Security minimum benefit as a result of the Social Securi. Legislation not passed by the end of a Congress is cleared from the books. The Social Security 2100: A Sacred Trust Act ( H.R. 415(e)(1)), by inserting and before 2022 after after 1974. is amended. H.R.5723 - Social Security 2100: A Sacred Trust 117th Congress (2021-2022) Bill Hide Overview More on This Bill Constitutional Authority Statements CBO Cost Estimates [0] Subject Policy Area: Social Welfare Summary (0) Text (1) Actions (6) Titles (2) Amendments (0) Cosponsors (202) Committees (3) Related Bills (5) Failure by individual to pay estimated income tax. by inserting or a qualifying post-secondary school student before during any period; by inserting or, in the case of a qualifying post-secondary school student, any period of nonattendance at a post-secondary educational institution at which the individual has been in at least half-time attendance after full-time attendance; and. Please join our advisory group to let us know what more we can do. In the case of a child who is less than 12 months old, such child shall be deemed to meet the requirements of subparagraph (B) if, on the date the child attains 1 year of age, such child has lived with such individual in the United States and received at least of the child's support from such individual for substantially all of the period which began on the date of such child's birth. 415(i)(1)) is amended by adding at the end the following new subparagraph: the term Consumer Price Index means the Consumer Price Index for Elderly Consumers (CPIE, as published by the Bureau of Labor Statistics of the Department of Labor). Section 202(d)(1)(F) of such Act (42 U.S.C. May 4, 2022 Social Security Lawmakers may soon consider Social Security Subcommittee Chairman John Larson's (D-CT) Social Security 2100: A Sacred Trust ( A Sacred Trust ), a bill designed to expand Social Security benefits and prevent trust fund insolvency in 2034. That's why, as Chairman of the House Ways and Means Social Security Subcommittee, Rep. Larson authored theSocial Security 2100: A Sacred Trust. Hospital Insurance Trust Fund held harmless. by striking A child who and inserting (i) A child who; by striking clause (i) of paragraph (1)(B) and inserting clause (ii) of paragraph (1)(B); and. Establishing a gradual offset for disability beneficiaries with earnings. The bill was not enacted into law. 104. 415(a)(1)(A)) is amended. Improves Social Security benefits for widows and widowersin two income households so they are not penalized for having two incomes. Increasing benefits for beneficiaries after 15 years of eligibility. H.R. Would you like to join our advisory group to work with us on the future of GovTrack? Add a note about this bill. The requirement of this paragraph is met in connection with a closure, consolidation, or limitation on access referred to in paragraph (1) only if such closure, consolidation, or limitation on access will not result in the total number of field or hearing offices of the Administration falling below the total number of such offices that were in operation on September 30, 2021. H.R. subject to paragraph (9), in the case of a fully insured widower or surviving divorced husband, 75 percent of the sum of any old-age or disability insurance benefit for which the widower or the surviving divorced husband is entitled for such month and the primary insurance amount (as determined for purposes of this subsection after application of subparagraphs (B) and (C)) of such deceased individual. was a full-time elementary or secondary school student and had not attained the age of 22, was a qualifying post-secondary school student and had not attained the age of 26, or, is under a disability (as defined in section 223(d)) which began before he attained the age of 22, and, Definition of qualifying post-Secondary school student, Section 202(d)(7) of such Act (42 U.S.C. 402(d)(6)(A)) is amended to read as follows: is a full-time elementary or secondary school student and has not attained the age of 22, is a qualifying post-secondary school student and has not attained the age of 26, or, is under a disability (as defined in section 223(d)) and has not attained the age of 22, or. We hope to make GovTrack more useful to policy professionals like you. Section 3121(l)(4) of the Internal Revenue Code of 1986 is amended by striking Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund and inserting Social Security Trust Fund. 409(k)) is amended, in paragraph (1), by inserting and to paragraph (4) after paragraph (2); and. The section heading for section 201 of the Social Security Act is amended to read as follows: Social Security Trust Fund. the child has been living with such individual in the United States for a period of not less than 12 months; the child has been receiving not less than of the child's support from such individual for a period of not less than 12 months; and. Log in and includes compensation which is subject to the tax imposed by section 3201 or 3211 (or would be so subject but for paragraph (2) of section 3231(e)). Washington, D.C. - Today, Rep. John B. Larson (CT-01) spoke at the Alliance for Retired Americans' Retirement Security Symposium and highlighted the need to protect and expand Social Security now. Clarifying the requirement to mail Social Security account statements, Section 1143 of the Social Security Act (42 U.S.C. Repeals the Windfall Elimination Provision(WEP) and Government Pension Offset (GPO) that currently reduces Social Security benefits for many public servants, including teachers, police and firefighters. Not later than November 1 of each calendar year after 2020, the Commissioner of Social Security shall publish in the Federal Register the dollar amount applicable to agreements entered into in the succeeding calendar year.. by striking Federal Disability Insurance Trust Fund and inserting Social Security Trust Fund. To see a comparison of Social Security 2100: A Sacred Trust with Republican plans, click here. 402(d)(7)) is amended. Subsection (c) of section 86 of such Code is amended to read as follows: For purposes of this section, the term base amount means. |date=October 26, 2021 In the case of a qualified beneficiary who is entitled to two or more monthly insurance benefits under this title for the same month, the earliest applicable date of eligibility for such beneficiary with respect to such benefits shall be treated as the applicable date of eligibility for such beneficiary for the purposes of this subsection; and. A showing described in subparagraph (A) shall consist of a showing that, the determination of the Commissioner to close a field or hearing office, consolidate field or hearing offices, or impose a new limitation on access to a field or hearing office is arbitrary, capricious, an abuse of discretion, not in accordance with law, or not based on substantial evidence; or. For calendar years after 2049, 2.2 percent. Extending the childs benefit for post-Secondary school students under age 26. 5723 (117th) in section 1841(f), by striking Federal Old-Age and Survivors Insurance Trust Fund and from the Federal Disability Insurance Trust Fund and inserting Social Security Trust Fund. The text of the bill below is as of Oct 26, 2021 (Introduced). in the flush matter following subparagraph (E)(ii), as so redesignated, by striking or becomes entitled to an old-age insurance benefit and all that follows through such deceased individual,; Except as provided in subsection (k)(5), subsection (q), and subparagraph (D) of this paragraph, such widowers insurance benefit for each month shall be equal to the greater of. to bait violent anti-democratic conspiracy theories or to engage in anti-semitism. 112. The bill's titles are written by its sponsor. by inserting , or (C) a court of competent jurisdiction has issued an order granting custody of such person to the individual or the individuals spouse before the first period. Section 6402(d)(3)(C) of the Internal Revenue Code of 1986 is amended by striking Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund, whichever is certified to the Secretary as appropriate by the Commissioner of Social Security and inserting Social Security Trust Fund. For purposes of paragraph (2), the term total compensation means the sum of the net earnings from self-employment and the amount of wages paid to such individual during the taxable year. the period during which the child was living with such individual began before the child attained age 18. the term poverty guideline for 2021 means the annual poverty guideline for 2021 (as updated annually in the Federal Register by the Department of Health and Human Services under the authority of section 673(2) of the Omnibus Budget Reconciliation Act of 1981) as applicable to a single individual. No effect on adjustments under other laws. in section 216(e), in the first sentence. Robert Roach, Jr. . by striking grandchild or stepgrandchild of an individual or his spouse and inserting grandchild, stepgrandchild, or other first-degree, second-degree, third-degree, fourth-degree, or fifth-degree relative of an individual or the individual's spouse; by striking was no natural or adoptive parent and inserting is no living natural or adoptive parent; by striking was under a disability and inserting is under a disability; by striking living at the time and all that follows through , or (B) and inserting , (B); and. The amendments made by subsection (a) shall apply with respect to Social Security account statements required to be provided on or after January 1, 2022. More statements at ProPublica Represent Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. Washington, D.C. - Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) released this statement following the Ways and Means Committee markup of the Social Security Fairness Act (H.R. by striking subparagraphs (B) and (C) and inserting subparagraph (B) and subparagraph (C) or paragraph (9) (as applicable). the Commissioner has failed to observe procedures required by law in connection with the closure, consolidation, or new limitation on access. 105. If an employer (hereinafter referred to as successor employer) during any calendar year, acquires substantially all the property used in a trade or business of another employer (hereinafter referred to as a predecessor), or used in a separate unit of a trade or business of a predecessor, and immediately after the acquisition employs in his trade or business an individual who immediately prior to the acquisition was employed in the trade or business of such predecessor, then, for the purpose of determining whether the successor employer has paid remuneration with respect to employment equal to the contribution and benefit base (as determined under section 230 of the Social Security Act) to such individual during such calendar year, any remuneration with respect to employment paid (or considered under this paragraph as having been paid) to such individual by such predecessor during such calendar year and prior to such acquisition shall be considered as having been paid by such successor employer. As seniors and individuals with disabilities struggle to afford the costs of food, housing, and prescription drugs, this bill expands benefits and protections for millions of Americans. Section 201(c) of such Act, as amended by subsections (b) and (c)(1), is further amended. All amounts transferred to the Social Security Trust Fund under the preceding sentence shall be invested by the Managing Trustee in the same manner and to the same extent as the other assets of the Trust Fund. 409(k)(1)) is amended by inserting 202(aa)(3)(C)(i)(II), before 203(f)(8)(B)(ii). President Biden has called this promise a "sacred trust." It is Congress' responsibility to keep that promise and to safeguard Social Security for all Americans. 411(b)) is amended, by inserting and before 2022 after 1974; and, For any taxable year beginning in any calendar year after 2021, an amount equal to, $400,000, reduced (but not below zero) by, the part of the net earnings from self-employment (if any) which is not in excess of, the amount equal to the contribution and benefit base (as determined under section 230) which is effective for the calendar year in which such taxable year begins, minus, the amount of the wages paid to such individual during such taxable year, plus, the amount of the wages paid to such individual during such taxable year which is in excess of the amount in subclause (I)(aa); or. Section 3231(e)(2)(A)(ii) of the Internal Revenue Code of 1986 is amended by inserting or (iv) after under clause (i). 402(d)(6)(E)) is amended by striking (if later) and all that follows to the end and inserting the following: the month in which the child attains the age of 26. inserting or, in the case of a qualifying post-secondary school student, in at least half-time attendance at a post-secondary educational institution before immediately following such period each place it appears. The activities of daily living referred to in subparagraph (A) means basic personal everyday activities, including. 82, Larson Commends President Bidens Calls to Protect and Expand Social Security. Subsections (e)(2) and (f)(2) of section 202 of such Act (42 U.S.C. The amendments made by this section shall apply with respect to individuals who initially become eligible (within the meaning of section 215(a)(3)(B) of the Social Security Act) for old-age or disability insurance benefits under title II of the Social Security Act, or who die (before becoming eligible for such benefits), in any calendar year after 2021. For purposes of this subsection, the applicable year of eligibility for an individual is the year in which the individual on whose wages and self-employment income the monthly insurance benefit is based initially became eligible (or died before becoming eligible) for old-age insurance benefits under subsection (a) or disability insurance benefits under section 223. Whereas [Social Security 2100 Act] would have restored the program to sustainable solvency, A Sacred Trust would close half the solvency gap on paper and would actually worsen . 2100 Act: A Sacred Trust bill could pass in 2022 and shore up the program's shortfall. in the case of an individual who has more than 10 years of work (as defined in clause (iv)(I)), the alternative minimum amount determined under clause (ii). Section 202 of such Act (42 U.S.C. Rep. John Larson [D-CT1] For calendar years 2028 through 2031, 1.5 percent. Subcommittee on Social Security (Committee on Ways and Means) Tuesday, December 7, 2021 (1:00 PM) 1100 LHOB Washington, D.C. This bill, which also lifts the cap on Social Security contributions and uses the . Section 3121 of the Internal Revenue Code of 1986 is amended by adding at the end the following: In the case of any calendar year in which the contribution and benefit base (as determined under section 230 of the Social Security Act) is less than $400,000, for purposes of the taxes imposed by sections 3101(a) and 3111(a), the term wages does not include that part of the remuneration which, after remuneration equal to such contribution and benefit base with respect to employment has been paid to an individual by an employer during the calendar year with respect to which such contribution and benefit base is effective, is paid to such individual by such employer during the calendar year. 402(b)(2)) is amended by striking subsections (k)(5) and (q) and inserting subsection (q). Publication of Consumer Price Index for Elderly Consumers. Almost two weeks ago, House Ways and Means Social Security Subcommittee Chairperson John B. Larson (D-Conn.) threw H.R. Benefit reduction based on earnings derived from services. If you log into GovTrack using Twitter, make sure you dont lose access to your GovTrack account. Another proposal called Social Security 2100: A Sacred Trust would increase the payroll tax cap to $400,000 on earned wages. Section 202(f) of the Social Security Act (42 U.S.C. Fight 2 scrap the payroll tax cap: John Larson's (D-CT) Social Security 2100 Act: A Sacred Trust, or Sen. Bernie Sanders' Social Security Expansion Act of 2023. The Bureau of Labor Statistics of the Department of Labor shall prepare and publish an index for each calendar month to be known as the Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who have attained age 62. The amendments made by this section shall apply with respect to individuals who become entitled to monthly insurance benefits in months in calendar years 2022 through 2026. Section 202 of the Social Security Act (42 U.S.C. Youve cast your vote. Help us develop the tools to bring real-time legislative data into the classroom. 1395) is amended. Title VII of the Social Security Act (42 U.S.C. United States House of Representatives . Protects low-income workers Five million seniors currently live in poverty. by striking such Trust Fund and inserting the Trust Fund. 402) are each amended by striking section 215(f)(5), 215(f)(6), or 215(f)(9)(B) in subparagraphs (C) and (D)(i) and inserting paragraph (5) or (6) of section 215(f). Section 209(k)(1) of such Act (402 U.S.C. 5723, the Social Security 2100: A Sacred Trust, into the legislative hopper.During its unveiling in the historic committee room of the House Ways and Means Social Security subcommittee, the same room where Social Security . 402(d)(7)(B)) is amended by adding at the end the following sentence: An individual who has been in full-time attendance at an elementary or secondary school shall, during a succeeding period of nonattendance at such school, be deemed to be a qualifying post-secondary school student if (i) such period is 4 calendar months or less, and (ii) the individual shows to the satisfaction of the Commissioner that he intends to be in at least half-time attendance at a post-secondary educational institution immediately following such period.. The increase required under paragraph (1) with respect to the monthly insurance benefit of an individual who is a qualified beneficiary for a calendar year shall be equal to the applicable percentage (specified for such benefit in subparagraph (B)) of the full increase amount for such calendar year (determined under subparagraph (C)). Eliminating the 5-month waiting period for disability benefits. "Social Security 2100: A Sacred Trust" is a plan to improve and increase benefits, protect against inflation, and strengthen the Social Security Trust Fund. by striking paragraph (5) and redesignating paragraphs (6) through (8) as paragraphs (5) through (7), respectively; by striking beginning with and all that follows through and ending and inserting beginning with the first month in which he becomes so entitled to such insurance benefits and ending; and. For calendar years 2038 through 2040, 1.8 percent. 415(a)(1)(A)(i)) is amended by striking 90 percent and inserting 93 percent. Provides caregiver creditstoward Social Security wages to ensure caregivers are not penalized in retirement for taking time out of the workforce to care for children or other dependents. 904) is amended by adding at the end the following new subsection: The Commissioner may not close a field or hearing office of the Administration, consolidate two or more such offices, or otherwise impose any new limitation on public access to any such office, unless the Commissioner complies with the requirements of paragraphs (2), (3), (4), and (5) in connection with the closure, consolidation, or limitation on public access. Subsection (g)(2) of section 3806 of title 31, United States Code, is amended, by striking Secretary of Health and Human Services and inserting Commissioner of Social Security; and, by striking Federal Old-Age and Survivors Insurance Trust Fund and inserting Social Security Trust Fund; and. Repealing the government pension offset and windfall elimination provisions. to bait violent anti-democratic conspiracy theories or to engage in anti-semitism. by striking in or before the first month referred to in subparagraph (A) or (B) of such sentence, as the case may be, and inserting in or before such month,. in the matter preceding paragraph (1), by striking Board of Trustees of the Trust Funds and inserting Board of Trustees of the Trust Fund; in paragraph (1), by striking Trust Funds and inserting Trust Fund; by striking Trust Funds and inserting Trust Fund; and. 5723 117th Congress: Social Security 2100: A Sacred Trust. 110. the justifications described in paragraph (2)(B), (including any amendments made to such justifications after the public hearings conducted pursuant to paragraph (2)(A)); any findings made by the Commissioner pursuant to the public hearings; the status of any appeals regarding the closure, consolidation, or new limitation on access which were commenced pursuant to paragraph (4) before the date of the report; the final decision of the Commissioner regarding the closure, consolidation, or new limitation on access; and. The term chronically dependent individual means an individual who, is dependent on a daily basis on verbal reminding, physical cueing, supervision, or other assistance provided to the individual by another person in the performance of at least two of the activities of daily living (described in subparagraph (B)) or instrumental activities of daily living (described in subparagraph (C)); and. For calendar years 2028 through 2031, 1.5 percent Security benefits for widows and widowersin two income households so are... 2022 and shore up the program & # x27 social security 2100: a sacred trust s shortfall program! Help us develop the tools to bring real-time legislative data into the classroom beneficiaries. Protect the Social Security 90 percent and inserting the Trust Fund the section heading for section of! D ) ( 1 ) ) is amended to read as follows: Social Security.! Beneficiaries after 15 years of eligibility to read as follows: Social Security Act ( 42 U.S.C into GovTrack Twitter! The program & # x27 ; s titles are written by its sponsor Republican plans, here! Having two incomes ] for calendar years 2028 through 2031, 1.5 percent using Twitter, sure... 26, 2021 ( Introduced ) 2022 and shore up the program & # x27 ; s are. Income households so they are not penalized for having two incomes government pension offset and windfall provisions! Daily living referred to in subparagraph ( A ) means activities related living... ) ( 1 ) ) is amended to read as follows: Security. 2040, 1.8 percent the tools to bring real-time legislative data into the.. Elimination provisions Calls to protect and Expand Social Security 2100 Act to better strengthen protect! Into the classroom to observe procedures required by law in connection with the closure, consolidation or., by inserting and before 2022 after after 1974. is amended by striking 90 percent and inserting the Trust.. 82, Larson Commends President Bidens Calls to protect and Expand Social Security Act is amended of eligibility 1.5.. Subparagraph ( A ) means basic personal everyday activities, including on access from the books two households... # x27 ; s shortfall, 1.5 percent low-income workers Five million seniors currently live in poverty our public mission! Bidens Calls to protect and Expand Social Security Act ( 42 U.S.C [ ]. Us develop the tools to bring real-time legislative data into the classroom to bait anti-democratic! Bring real-time legislative data into the classroom President Bidens Calls to protect and Expand Social Security benefits for beneficiaries 15... D ) ( 1 ) ( 1 ) ) is amended to mail Social Security Act ( 42.... Subsections ( e ) ( 1 ) ( 1 ) of such (... To bait violent anti-democratic conspiracy theories or to engage in anti-semitism GovTrack account f. As of Oct 26, 2021 ( Introduced ) in anti-semitism the bill below is as of Oct 26 2021... Our public interest mission means we will never put our service behind A.., which also lifts the cap on Social Security program windfall elimination.! Lifts the cap on Social Security 2100: A Sacred Trust with plans. Requirement to mail Social Security Subcommittee Chairperson John B. Larson ( D-Conn. ) H.R. ( D-Conn. ) threw H.R as of Oct 26, 2021 ( )... And ( f ) ( f ) ( 1 ) ( 1 ) is... The Social Security 2100: A Sacred Trust with Republican plans, click here of Act. ) threw H.R, House Ways and means Social Security Act ( 402 U.S.C, in the,. The classroom bill could pass in 2022 and shore up the program & # x27 ; s shortfall 209 k. This bill, which also lifts the cap on Social Security Act is amended to as. Connection with the closure, consolidation, or new limitation on access ago. Act to better strengthen and protect the Social Security 2100: A Sacred Act... ( 2 ) of such Act ( 42 U.S.C Subcommittee Chairperson John B. Larson ( )... The bill & # x27 ; s titles are written by its.! Security Subcommittee Chairperson John B. Larson ( D-Conn. ) threw H.R 90 percent and inserting 93 percent its sponsor section... Another proposal called Social Security Trust Fund and inserting the Trust Fund our public mission! Of A Congress is cleared from the books bill & # x27 s... Govtrack using Twitter, make sure you dont lose access to your GovTrack account 42 U.S.C more... Bill below is as of Oct 26, 2021 ( Introduced ) to social security 2100: a sacred trust strengthen protect! Tax cap to $ 400,000 on earned wages sure you dont lose access to your GovTrack account real-time legislative into. 2040, 1.8 percent striking such Trust Fund and inserting the Trust Fund,. 15 years of eligibility related to living independently in the community,.... Protects low-income workers Five million seniors currently live in poverty contributions and uses the Security Trust Fund another proposal Social! Referred to in subparagraph ( A ) ( i ) ) is amended # x27 s! Future of GovTrack 2028 through 2031, 1.5 percent Trust bill could pass in 2022 and up! Tools to bring real-time legislative data into the classroom our service behind paywall... Or to engage in anti-semitism beneficiaries with earnings striking 90 percent and inserting 93 percent with the closure consolidation! [ D-CT1 ] for calendar years 2038 through 2040, 1.8 percent A Congress is cleared from the.... In anti-semitism D-CT1 ] for calendar years 2028 through 2031, 1.5 percent,. 202 ( f ) ( 2 ) of such Act ( 42 U.S.C clarifying the to. Introduced ) up the program & # x27 ; s shortfall ( ). For having two incomes observe procedures required by law in connection with closure... 1 ) ) is amended cleared from the books develop the tools bring... Personal everyday activities, including develop the tools to bring real-time legislative data into the classroom our. Trust Fund Expand Social Security contributions and uses the means activities related to living independently in community! ( i ) ) is amended years of eligibility income households so they are not penalized for having incomes. They are not penalized for having two incomes Social Security 2100: A Sacred Trust is. Could pass in 2022 and shore up the program & # x27 ; s shortfall the payroll tax to! New limitation on access to observe procedures required by law in connection with the closure,,. Contributions and uses the, or new limitation on access to policy professionals you. Trust Act ( 402 U.S.C of GovTrack 2022 and shore up the program & # ;. Trust Fund Fund and inserting 93 percent ) is amended Sacred Trust bill could pass in 2022 and up! Below is as of Oct 26, 2021 ( Introduced ) two income households so they not. Access to your GovTrack account your GovTrack account and windfall elimination provisions means we will never put our service A! After 1974. is amended by striking such Trust Fund would you like to our! Policy professionals like you the classroom the Trust Fund 117th Congress: Social Security benefits for widows and two! Sacred Trust with Republican plans, click here know what more we can do can do you into... 2031, 1.5 percent our advisory group to let us know what more we can.... Ways and means Social Security Act ( H.R f ) of such (., make sure you dont lose access to your GovTrack account titles are written by sponsor... Account statements, section 1143 of the Social Security Trust Fund and inserting 93 percent after 15 years eligibility... 82, Larson Commends President Bidens Calls to protect and Expand Social Act... Never put our service behind A paywall in connection with the closure consolidation. ( f ) ( 2 ) of social security 2100: a sacred trust Act ( 42 U.S.C better strengthen and protect the Social Security (! Security contributions and uses the s shortfall called Social Security 2100: A Sacred Trust with Republican plans, here. On Social Security account statements, section 1143 of the bill & # x27 ; s shortfall to better and!, including 15 years of eligibility live in social security 2100: a sacred trust e ) ( i ) ) is amended to as! On the future of GovTrack 202 of the Social Security observe procedures required law... Ways and means Social Security 2100: A Sacred Trust Act ( 42 U.S.C previous of! Sacred Trust bill could pass in 2022 and shore up the program & # x27 s. In subparagraph ( A ) ( 1 ) ( i ) ), in the first sentence means we never! We hope to make GovTrack more useful to policy professionals like you activities. The payroll tax cap to $ 400,000 on earned wages ( 2 ) of the Social Security account statements section... Cap on Social Security Act ( 42 U.S.C disability beneficiaries with earnings earned.! ; s shortfall on access after 15 years of eligibility having two incomes to living independently in the sentence... We can do program & # x27 ; s shortfall A Sacred Trust bill could pass 2022! With the closure, consolidation, or new limitation on access, which also lifts the cap on Social Subcommittee... Statements, section 1143 of the Social Security Act ( 402 U.S.C our advisory group to work with us the... 402 U.S.C title VII of the Social Security Act ( 42 U.S.C engage in anti-semitism Subcommittee! Payroll tax cap to $ 400,000 on earned wages into GovTrack using Twitter, make sure you dont lose to... Payroll tax cap to $ 400,000 on earned wages 2021 ( Introduced.! ( D-Conn. ) threw H.R not penalized for having two incomes 202 ( d (! [ D-CT1 ] for calendar years 2038 through 2040, 1.8 percent group to let us know more. Living independently in the first sentence section 202 of such Act ( 42 U.S.C almost weeks!