3.0.0 1090 2023-01-11T20:02:43Z 2023-01-11T20:02:43Z House H HR 2007-02-15 110 hswm00 Ways and Means Committee House Standing hswm01 Social Security Subcommittee Referred to 2007-03-13T16:26:48Z Referred to 2007-02-15T15:07:35Z hsru00 Rules Committee House Standing Referred to 2007-02-15T15:07:45Z hsbu00 Budget Committee House Standing Referred to 2007-02-15T15:07:40Z 2007-03-13 hswm01 Social Security Subcommittee 1 House committee actions Referred to the Subcommittee on Social Security. Committee 2007-02-15 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, 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. IntroReferral H11100 2 House floor actions hsru00 Rules Committee 2007-02-15 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, 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. IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2007-02-15 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, 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. IntroReferral H11100-A 9 Library of Congress 2007-02-15 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-02-15 Sponsor introductory remarks on measure. (CR E370-371) IntroReferral B00100 9 Library of Congress 2007-02-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-02-15 Introduced in House IntroReferral 1000 9 Library of Congress L000293 Rep. Lewis, Ron [R-KY-2] RON LEWIS R KY 2 N W000273 Rep. Weller, Jerry [R-IL-11] GERALD WELLER R IL C. 11 2007-02-16 False B000208 Rep. Bartlett, Roscoe G. [R-MD-6] ROSCOE BARTLETT R MD G. 6 2007-02-16 False C001048 Rep. Culberson, John Abney [R-TX-7] JOHN CULBERSON R TX ABNEY 7 2008-03-10 False Social Welfare Administrative fees Aliens Annuities Bonds Budget deficits Budget reconciliation Budget resolutions Budget surpluses Caregivers Civil service retirement Congress Congressional reporting requirements Congressional voting Cost of living adjustments Death Disabled Divorce Earnings Economics and Public Finance Estate tax Estates (Law) Executive reorganization Families Finance and Financial Sector Financial statements Government Operations and Politics Government paperwork Government publicity Government trust funds House rules and procedure Indexing (Economic policy) Investments Labor and Employment Law Legislation Legislative amendments Legislative resolutions Marriage Married people Mutual funds Old age, survivors and disability insurance Older workers Retirement income Senate rules and procedure Social Security Administration Social security beneficiaries Social security eligibility Social security finance Social security taxes Stocks Survivors' benefits Tax credits Tax exemption Tax refunds Taxation Widowers Widows Women Social Welfare 00 2007-02-15 Introduced in House 2007-03-05T20:01:30Z Social Security Guarantee Plus Act of 2007 - Amends the Internal Revenue Code (IRC) and title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to establish a Social Security Guarantee Program, to be administered by a Social Security Guarantee Board established within the Social Security Administration. Authorizes any individual age 18 with a Social Security number to elect to enroll as a covered individual and receive in the Social Security guarantee account established for him or her by the Board a calendar year payment of Social Security guarantee refundable credits and interest.

Requires designation of a certified account manager by or on behalf of each covered individual to hold the individual's Social Security guarantee account assets for investment, including in common stock portfolios and fixed income securities.

Amends the IRC to make the Social Security guarantee accounts benefits taxable as Social Security benefits.

Amends the Congressional Budget Act to provide for a lock-box for Social Security surpluses.

Amends SSA title II to: (1) repeal the limitation on the amount of outside income which beneficiaries age 62 or over may earn (earnings test) without incurring a reduction in benefits; (2) increase widow's and widower's insurance benefits; (3) provide for benefits for disabled widows and widowers without regard to age; (4) repeal the seven-year restriction on eligibility for widow's and widower's insurance benefits based on disability; (5) waive the two-year waiting period for a divorced spouse's benefits if the other spouse remarries; (6) increase the amount of wages and self-employment income credited to years taken into account for beneficiaries precluded from remunerative work by the needs of child care; and (7) reduce the Government pension offset.

]]> Social Security Guarantee Plus Act of 2007 Official Title as Introduced To amend the Social Security Act and the Internal Revenue Code of 1986 to preserve and strengthen the Social Security Program through the creation of personal Social Security guarantee accounts ensuring full benefits for all workers and their families, restoring long-term Social Security solvency, to make certain benefit improvements, and for other purposes. Introduced in House IH Display Title Social Security Guarantee Plus Act of 2007 Short Titles as Introduced Social Security Guarantee Plus Act of 2007 Introduced in House 2007-02-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr1090ih/xml/BILLS-110hr1090ih.xml 2007-03-13 Referred to the Subcommittee on Social Security. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.