HR 4144 · 114th Congress 2015–2017, ended

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.

  1. IntroducedDec 1, 2015
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. 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.

SeatCosponsorSigned on
D-NEBrad AshfordOriginalDec 1, 2015
D-PABrendan F. BoyleOriginalDec 1, 2015
D-FLDebbie Wasserman SchultzOriginalDec 1, 2015
D-GAHenry C. "Hank" Johnson, Jr.OriginalDec 1, 2015
D-ILJanice D. SchakowskyOriginalDec 1, 2015
D-MIJohn Conyers, Jr.OriginalDec 1, 2015
D-MNKeith EllisonOriginalDec 1, 2015
D-FLPatrick MurphyOriginalDec 1, 2015
D-AZRaúl M. GrijalvaOriginalDec 1, 2015
D-RIDavid N. CicillineDec 2, 2015
D-CTJoe CourtneyDec 2, 2015
D-VARobert C. "Bobby" ScottDec 2, 2015
D-TNSteve CohenDec 2, 2015
D-FLAlcee L. HastingsDec 8, 2015
D-AZAnn KirkpatrickDec 8, 2015
D-CADoris O. MatsuiDec 8, 2015
D-RIJames R. LangevinDec 8, 2015
D-NYLouise McIntosh SlaughterDec 8, 2015
D-OHMarcy KapturDec 8, 2015
D-MANiki TsongasDec 8, 2015
D-CTRosa L. DeLauroDec 8, 2015
D-NJBonnie Watson ColemanDec 9, 2015
D-NYJose E. SerranoDec 9, 2015
D-ILLuis V. GutierrezDec 9, 2015
D-WIMark PocanDec 9, 2015
D-CAMark TakanoDec 9, 2015
D-ORPeter A. DeFazioDec 9, 2015
D-MNRichard M. NolanDec 9, 2015
D-MDC. A. Dutch RuppersbergerDec 10, 2015
D-MEChellie PingreeDec 10, 2015
D-CTJohn B. LarsonDec 10, 2015
D-NYBrian HigginsDec 11, 2015
D-MDChris Van HollenDec 11, 2015
D-MAJames P. McGovernDec 11, 2015
D-HIMark TakaiDec 11, 2015
D-PAMatt CartwrightDec 11, 2015
D-MAWilliam R. KeatingDec 15, 2015
D-FLLois FrankelDec 17, 2015
D-ILBill FosterDec 18, 2015
D-VAGerald E. ConnollyDec 18, 2015
D-CAAlan S. LowenthalJan 7, 2016
D-CAJohn GaramendiJan 7, 2016
D-NYSean Patrick MaloneyJan 12, 2016
D-MAStephen F. LynchJan 12, 2016
D-WASuzan K. DelBeneJan 12, 2016
D-NYHakeem S. JeffriesFeb 9, 2016
D-NYPaul TonkoFeb 9, 2016
D-CAEric SwalwellFeb 10, 2016
D-WADerek KilmerFeb 23, 2016
D-WAJim McDermottFeb 23, 2016
D-ILBobby L. RushMar 15, 2016
D-NYCarolyn B. MaloneyMar 15, 2016
D-CATed LieuApr 15, 2016
D-CTElizabeth H. EstyApr 18, 2016
D-TXGene GreenMay 16, 2016
D-CAJudy ChuMay 16, 2016
D-ILMike QuigleyMay 16, 2016
D-NHAnn M. KusterJun 7, 2016
D-CABarbara LeeNov 15, 2016

Committees 3

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Dec 1, 2015
HouseTransportation and Infrastructure Committee
Referred Dec 1, 2015
Railroads, Pipelines, and Hazardous Materials Subcommittee
Referred Dec 2, 2015
HouseVeterans' Affairs Committee
Referred Dec 1, 2015
Disability Assistance and Memorial Affairs Subcommittee
Referred Dec 3, 2015

Actions 4

Everything that happened, newest first.

  1. Dec 3, 2015Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
  2. Dec 2, 2015Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
  3. Dec 1, 2015Introduced in House
  4. 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

Congress has the power to enact this legislation pursuant to the following: The constitutional authority of Congress to enact this legislation is provided by Article I, Section 8, Clause 18 of the United States Constitution which gives Congress the authority to ``make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by the Constitution in the Government of the United States, or in any Department or Office thereof.''

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.

BillTitleRelationshipLatest action
S 2251SAVE Benefits ActRelated billNov 5, 2015
HR 4140SENIORS Act of 2015Related billDec 4, 2015
HR 6230Social Security Safety Dividend Act of 2016Related billOct 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.

Text 1

Each version as it was printed, newest first.

  1. Dec 1, 2015Introduced in House

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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.