Seniors' Retirement Recovery Act of 2003
Latest action · Jun 11, 2003 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 11, 2003
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Seniors' Retirement Recovery Act of 2003 - Amends the Internal Revenue Code to repeal the 1993 income tax increase on Social Security benefits. Appropriates, from the general fund, to the Hospital Insurance Trust Fund amounts equal to the reduction in revenue lost because of the repeal.
Increases the age at which pension and retirement distributions must begin from 70 1/2 to 80.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jun 11, 2003 |
Actions 2
Everything that happened, newest first.
- Jun 11, 2003Introduced in House
- Jun 11, 2003Referred to the House Committee on Ways and Means.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to repeal the 1993 income tax increase on Social Security benefits and to increase the age at which distributions must commence from certain retirement plans from 70\1/2\ to 80.
- Short Titles as Introduced
- Seniors' Retirement Recovery Act of 2003
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Appropriations
- Civil service retirement
- Congress
- Congressional reporting requirements
- Economics and Public Finance
- Families
- Government Operations and Politics
- Government trust funds
- Health
- Income tax
- Individual retirement accounts
- Labor and Employment
- Law
- Medicare
- Old age, survivors and disability insurance
- Pension funds
- Railroad retirement plans
- Social security beneficiaries
- Social Welfare
- Survivors' benefits
- Tax exclusion
- Tax rates
- Tax-deferred compensation plans
- Taxation
- Transportation and Public Works
Text 1
Each version as it was printed, newest first.
- Jun 11, 2003Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.