Bill · H.R. 904· House(119-HR-904)
No Tax on Social Security
- Introduced
- 1/31/2025
- Last activity
- 1/31/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Jefferson Van Drew
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
This bill, titled the ``No Tax on Social Security'', aims to change how Social Security benefits are treated for tax purposes. It seeks to amend the Internal Revenue Code of 1986 to stop including Social Security benefits in a person's gross income. The legislation includes a provision to protect the Social Security Trust Funds. It specifically appropriates money from the Treasury to cover any reductions in transfers caused by this change.
Yes· 3 of 6
Would people over 65 be better off under this?+7
Seniors benefit from increased disposable income due to the elimination of taxes on their Social Security benefits.
Would retired people be better off under this?+7
The bill provides significant financial advantages to retired individuals by exempting their benefits from federal income tax.
Does this strengthen Social Security?+6
The bill strengthens Social Security by removing the tax burden on benefits while protecting the trust funds through direct appropriations.
The opposite
Does this reduce what the federal government spends?-3
The bill requires new appropriations from the Treasury to hold Social Security Trust Funds harmless, increasing federal outlays.
Who it would affect, and how
Potential Positive Impacts for People
-
Tax Relief on Benefits: By amending Section 86 of the Internal Revenue Code, the bill would stop the inclusion of Social Security benefits in adjusted gross income, which provides a change in how benefits are taxed (Section 2(a)).
-
Protection of Trust Funds: The bill appropriates money from the Treasury to ensure that funds under the Social Security Act and the Railroad Retirement Act of 1974 are held harmless despite the change in tax treatment (Section 2(b)).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Retirees+7Good For Seniors+7Good For Low Income Households+5Good For Middle Class Households+5
- Social Issues And Justice
- Improves Social Security+6
- Economy And Finance
- Reduces Middle Class Taxes+5Reduces Government Spending-3
- 6/23/2025
- 1 Cosponsor added.
- 2/14/2025
- 1 Cosponsor added.
- 1/31/2025
- Referred to the House Committee on Ways and Means.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Gus BilirakisRepublican · Florida
Thomas MassieRepublican · Kentucky