S 458
Senior Citizens Tax Elimination Act
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill, the Senior Citizens Tax Elimination Act, aims to eliminate the taxation of Social Security benefits for senior citizens. It proposes an amendment to the Internal Revenue Code to remove Social Security benefits from gross income. Furthermore, the bill includes a provision to ensure the Social Security trust funds are not negatively impacted by this change, guaranteeing continued funding.
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