Seniors And Veterans Emergency (SAVE) Benefits Act
Latest action · Dec 3, 2015 Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
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.
- IntroducedDec 1, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Seniors And Veterans Emergency (SAVE) Benefits Act
This bill directs the Department of the Treasury to disburse a payment equal to 3.9% of the average amount of annual benefits to certain individuals (except prisoners, fugitive felons, or aliens) who are entitled to a specified benefit under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA), an annuity under the Railroad Retirement Act of 1974, a veterans benefit, or are eligible for a cash benefit under SSA title XVI (Supplemental Security Income), including a special benefit for individuals who perform substantial gainful activity despite severe medical impairment.
A refundable income tax credit is allowed for the first taxable year beginning in 2015 in an amount equal to $581 for certain eligible government retirees who do not receive such a payment.
The Internal Revenue Code is amended, with respect to the $1 million limitation on the deductibility of employee compensation, to:
- eliminate the exemption from that limitation for compensation payable on a commission basis or upon the attainment of a performance goal;
- extend the limitation to any individual who is a current or former officer, director, or employee of a publicly-held corporation; and
- apply the limitation to all publicly-held corporations required by the Securities and Exchange Commission to register securities and provide periodic reports to their investors.
Cosponsors 59
Members who signed on, in the order they did. Signatures ran from Dec 1, 2015 to Nov 15, 2016; 9 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NE | Brad Ashford | Original | Dec 1, 2015 |
| D-PA | Brendan F. Boyle | Original | Dec 1, 2015 |
| D-FL | Debbie Wasserman Schultz | Original | Dec 1, 2015 |
| D-GA | Henry C. "Hank" Johnson, Jr. | Original | Dec 1, 2015 |
| D-IL | Janice D. Schakowsky | Original | Dec 1, 2015 |
| D-MI | John Conyers, Jr. | Original | Dec 1, 2015 |
| D-MN | Keith Ellison | Original | Dec 1, 2015 |
| D-FL | Patrick Murphy | Original | Dec 1, 2015 |
| D-AZ | Raúl M. Grijalva | Original | Dec 1, 2015 |
| D-RI | David N. Cicilline | Dec 2, 2015 | |
| D-CT | Joe Courtney | Dec 2, 2015 | |
| D-VA | Robert C. "Bobby" Scott | Dec 2, 2015 | |
| D-TN | Steve Cohen | Dec 2, 2015 | |
| D-FL | Alcee L. Hastings | Dec 8, 2015 | |
| D-AZ | Ann Kirkpatrick | Dec 8, 2015 | |
| D-CA | Doris O. Matsui | Dec 8, 2015 | |
| D-RI | James R. Langevin | Dec 8, 2015 | |
| D-NY | Louise McIntosh Slaughter | Dec 8, 2015 | |
| D-OH | Marcy Kaptur | Dec 8, 2015 | |
| D-MA | Niki Tsongas | Dec 8, 2015 | |
| D-CT | Rosa L. DeLauro | Dec 8, 2015 | |
| D-NJ | Bonnie Watson Coleman | Dec 9, 2015 | |
| D-NY | Jose E. Serrano | Dec 9, 2015 | |
| D-IL | Luis V. Gutierrez | Dec 9, 2015 | |
| D-WI | Mark Pocan | Dec 9, 2015 | |
| D-CA | Mark Takano | Dec 9, 2015 | |
| D-OR | Peter A. DeFazio | Dec 9, 2015 | |
| D-MN | Richard M. Nolan | Dec 9, 2015 | |
| D-MD | C. A. Dutch Ruppersberger | Dec 10, 2015 | |
| D-ME | Chellie Pingree | Dec 10, 2015 | |
| D-CT | John B. Larson | Dec 10, 2015 | |
| D-NY | Brian Higgins | Dec 11, 2015 | |
| D-MD | Chris Van Hollen | Dec 11, 2015 | |
| D-MA | James P. McGovern | Dec 11, 2015 | |
| D-HI | Mark Takai | Dec 11, 2015 | |
| D-PA | Matt Cartwright | Dec 11, 2015 | |
| D-MA | William R. Keating | Dec 15, 2015 | |
| D-FL | Lois Frankel | Dec 17, 2015 | |
| D-IL | Bill Foster | Dec 18, 2015 | |
| D-VA | Gerald E. Connolly | Dec 18, 2015 | |
| D-CA | Alan S. Lowenthal | Jan 7, 2016 | |
| D-CA | John Garamendi | Jan 7, 2016 | |
| D-NY | Sean Patrick Maloney | Jan 12, 2016 | |
| D-MA | Stephen F. Lynch | Jan 12, 2016 | |
| D-WA | Suzan K. DelBene | Jan 12, 2016 | |
| D-NY | Hakeem S. Jeffries | Feb 9, 2016 | |
| D-NY | Paul Tonko | Feb 9, 2016 | |
| D-CA | Eric Swalwell | Feb 10, 2016 | |
| D-WA | Derek Kilmer | Feb 23, 2016 | |
| D-WA | Jim McDermott | Feb 23, 2016 | |
| D-IL | Bobby L. Rush | Mar 15, 2016 | |
| D-NY | Carolyn B. Maloney | Mar 15, 2016 | |
| D-CA | Ted Lieu | Apr 15, 2016 | |
| D-CT | Elizabeth H. Esty | Apr 18, 2016 | |
| D-TX | Gene Green | May 16, 2016 | |
| D-CA | Judy Chu | May 16, 2016 | |
| D-IL | Mike Quigley | May 16, 2016 | |
| D-NH | Ann M. Kuster | Jun 7, 2016 | |
| D-CA | Barbara Lee | Nov 15, 2016 |
Committees 3
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 Dec 1, 2015 |
| House | Transportation and Infrastructure Committee | Referred Dec 1, 2015 |
| Railroads, Pipelines, and Hazardous Materials Subcommittee | Referred Dec 2, 2015 | |
| House | Veterans' Affairs Committee | Referred Dec 1, 2015 |
| Disability Assistance and Memorial Affairs Subcommittee | Referred Dec 3, 2015 |
Actions 4
Everything that happened, newest first.
- Dec 3, 2015Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
- Dec 2, 2015Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
- Dec 1, 2015Introduced in House
- Dec 1, 2015Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 173, December 1, 2015, page H8860.
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2251 | SAVE Benefits Act | Related bill | Nov 5, 2015 |
| HR 4140 | SENIORS Act of 2015 | Related bill | Dec 4, 2015 |
| HR 6230 | Social Security Safety Dividend Act of 2016 | Related bill | Oct 19, 2016 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To provide for a supplementary payment to Social Security beneficiaries, supplemental security income beneficiaries, and recipients of veterans benefits, and for other purposes.
- Short Titles as Introduced
- Seniors And Veterans Emergency (SAVE) Benefits Act
Subjects
Assigned by the Library of Congress. Policy area: Social Welfare.
- Appropriations
- Department of the Treasury
- Department of Veterans Affairs
- Disability assistance
- Employee benefits and pensions
- Executive agency funding and structure
- Government employee pay, benefits, personnel management
- Government trust funds
- Income tax credits
- Income tax deductions
- Poverty and welfare assistance
- Railroad Retirement Board
- Railroads
- Social Security Administration
- Social security and elderly assistance
- Social Welfare
- State and local government operations
- Transportation employees
- Veterans' pensions and compensation
- Wages and earnings
Text 1
Each version as it was printed, newest first.
- Dec 1, 2015Introduced 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.