Social Security Benefits Tax Relief Act of 2001 - Amends the Internal Revenue Code to repeal the 85 percent (second tier) taxation of Social Security and Railroad Retirement benefits. Appropriates, from the general fund, to the Hospital Insurance Trust Fund amounts equal to the reduction in revenue lost because of the repeal.
Actions
Feb 8, 2001
Sponsor introductory remarks on measure. (CR S1215)
Feb 1, 2001
Read twice and referred to the Committee on Finance.