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            <date>2023-04-18T14:43:25Z</date>
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        <title>Medicare and Social Security Fair Share Act</title>
        <congress>118</congress>
        <number>4535</number>
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          <actionDate>2024-12-17</actionDate>
          <text>Referred to the Subcommittee on Social Security.</text>
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        <title>Assuring Medicare’s Promise Act of 2023</title>
        <congress>118</congress>
        <number>34</number>
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          <actionDate>2024-12-17</actionDate>
          <text>Referred to the Subcommittee on Health.</text>
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        <text>Read twice and referred to the Committee on Finance.</text>
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        <text>Introduced in Senate</text>
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        <fullName>Sen. Whitehouse, Sheldon [D-RI]</fullName>
        <firstName>Sheldon</firstName>
        <lastName>Whitehouse</lastName>
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        <state>RI</state>
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        <fullName>Sen. Feinstein, Dianne [D-CA]</fullName>
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        <state>CA</state>
        <sponsorshipDate>2023-06-22</sponsorshipDate>
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        <fullName>Sen. Gillibrand, Kirsten E. [D-NY]</fullName>
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        <lastName>Gillibrand</lastName>
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        <state>NY</state>
        <middleName>E.</middleName>
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        <fullName>Sen. Van Hollen, Chris [D-MD]</fullName>
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        <lastName>Van Hollen</lastName>
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        <state>MD</state>
        <sponsorshipDate>2023-06-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000367</bioguideId>
        <fullName>Sen. Klobuchar, Amy [D-MN]</fullName>
        <firstName>Amy</firstName>
        <lastName>Klobuchar</lastName>
        <party>D</party>
        <state>MN</state>
        <sponsorshipDate>2023-07-13</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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        <name>Taxation</name>
        <updateDate>2023-05-04T13:30:20Z</updateDate>
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        <actionDate>2023-04-18</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-09-21T15:03:15Z</updateDate>
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          <text>&lt;p&gt; &lt;strong&gt;Medicare and Social Security Fair Share Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill increases funding for the Social Security and Medicare trust funds by extending the payroll tax on wages, self-employment income, and investment income to taxpayers with earnings exceeding $400,000. &lt;/p&gt; &lt;p&gt;The bill also applies a payroll tax on the pass-through business income of taxpayers earning more than $400,000 (thus eliminating the classification of earned income as distributed business profits).&lt;/p&gt;</text>
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    <title>Medicare and Social Security Fair Share Act</title>
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        <title>Medicare and Social Security Fair Share Act</title>
        <updateDate>2024-07-24T15:22:39Z</updateDate>
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        <title>Medicare and Social Security Fair Share Act</title>
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        <title>A bill to amend the Internal Revenue Code of 1986 to increase funding for Social Security and Medicare.</title>
        <updateDate>2023-04-26T01:58:47Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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        <type>Introduced in Senate</type>
        <date>2023-04-18T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118s1174is/xml/BILLS-118s1174is.xml</url>
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    <latestAction>
      <actionDate>2023-04-18</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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