[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3447 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 3447

   To amend the Internal Revenue Code of 1986 to increase the income 
  threshold amounts for determining the inclusion in gross income of 
                       Social Security benefits.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 12, 1998

  Mr. Filner introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to increase the income 
  threshold amounts for determining the inclusion in gross income of 
                       Social Security benefits.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Middle Income Senior Tax Relief Act 
of 1998''.

SEC. 2. INCREASE IN INCOME THRESHOLD AMOUNTS FOR INCLUSION OF SOCIAL 
              SECURITY BENEFITS.

    (a) General Rule.--Subsection (c) of section 86 of the Internal 
Revenue Code of 1986 (relating to social security and tier 1 railroad 
retirement benefits) is amended--
            (1) by striking ``$25,000'' and inserting ``$27,000'',
            (2) by striking ``$32,000'' and inserting ``$42,000'',
            (3) by striking ``$34,000'' and inserting ``$37,000'', and
            (4) by striking ``$44,000'' and inserting ``$54,000''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
apply to taxable years beginning after December 31, 1998.
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