Social Security Benefits Tax Relief Act of 2003 - 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
Mar 5, 2003
Read twice and referred to the Committee on Finance.
Mar 5, 2003
Sponsor introductory remarks on measure. (CR S3165)