3.0.0 1140 2023-01-11T13:20:19Z 2023-01-11T13:20:19Z House H HR 2011-03-16 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POSEY:H.R. 1140.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the United StatesConstitution; The 16th Amendment to the United StatesConstitution.[Page H1907]]]> hsif00 Energy and Commerce Committee House Standing hsif14 Health Subcommittee Referred to 2011-03-28T15:33:18Z Referred to 2011-03-16T14:05:20Z hswm00 Ways and Means Committee House Standing Referred to 2011-03-16T14:05:15Z 2011-03-28 hsif14 Health Subcommittee 1 House committee actions Referred to the Subcommittee on Health. Committee 2011-03-16 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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 hsif00 Energy and Commerce Committee 2011-03-16 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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 2011-03-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-03-16 Introduced in House IntroReferral 1000 9 Library of Congress P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 N R000590 Rep. Rivera, David [R-FL-25] David Rivera R FL 25 2011-03-16 True R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2011-03-16 True W000807 Rep. West, Allen B. [R-FL-22] Allen West R FL B. 22 2011-03-16 True B001243 Rep. Blackburn, Marsha [R-TN-7] Marsha Blackburn R TN 7 2011-03-16 True M001138 Rep. Manzullo, Donald A. [R-IL-16] DONALD MANZULLO R IL 16 2011-03-30 False F000456 Rep. Fleming, John [R-LA-4] John Fleming R LA 4 2011-04-05 False A000366 Rep. Adams, Sandy [R-FL-24] Sandy Adams R FL 24 2011-04-05 False M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 2011-04-13 False Y000031 Rep. Young, C. W. Bill [R-FL-10] C. W. Young R FL Bill 10 2011-06-02 False Taxation Appropriations Capital gains tax Employee benefits and pensions Employment taxes Government trust funds Income tax exclusion Income tax rates Interest, dividends, interest rates Medicare Social security and elderly assistance Taxation 00 2011-03-16 Introduced in House 2011-04-19T18:19:09Z Senior Citizens Income Security Act of 2011 - Amends the Internal Revenue Code to: (1) to replace the formula for including social security benefits in gross income for income tax purposes with the formula in existence prior to the enactment of the Omnibus Budget Reconciliation Act of 1993; (2) eliminate mandatory withdrawals from retirement accounts after age 70-1/2; (3) eliminate employment taxes on individuals receiving social security retirement and Medicare benefits; and (4) allow an exclusion from gross income, up to $250 ($500 for joint returns), for dividends, interest, and capital gains. Appropriates additional amounts to the Hospital Insurance Trust Fund to compensate for losses in revenue resulting from the revision of the formula for including social security benefits in gross income.

Amends title II (Old-Age, Survivors, and Disability Insurance Benefits) of the Social Security Act to require the Secretary of Health and Human Services (HHS) to establish a procedure for allowing Medicare beneficiaries to waive Medicare entitlements and be automatically enrolled in the Medicare Alternative Voucher Program established by this Act.

Requires the authority of the Department of the Treasury to pay the principal and interest on debt held by the public, and the authority of the Commissioner of Social Security to pay monthly old-age, survivors', and disability insurance benefits under title II of the Social Security Act, to take priority over all other obligations incurred by the government in the event the federal debt reaches the statutory limit.

]]> Senior Citizens Income Security Act of 2011 Display Title Senior Citizens Income Security Act of 2011 Official Title as Introduced To amend the Internal Revenue Code of 1986 to repeal taxes on the income of senior citizens and to improve income security of senior citizens. Introduced in House IH Short Titles as Introduced Senior Citizens Income Security Act of 2011 Introduced in House 2011-03-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1140ih/xml/BILLS-112hr1140ih.xml 2011-03-28 Referred to the Subcommittee on Health. 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.