[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2078 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 2078

To amend the Internal Revenue Code of 1986 to repeal the limitation on 
     the imposition of employment taxes on wages in excess of the 
                     contribution and benefit base.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 28, 2015

  Mr. Tonko 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 repeal the limitation on 
     the imposition of employment taxes on wages in excess of the 
                     contribution and benefit base.

    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 ``Keeping Social Security Solvent Act 
of 2015''.

SEC. 2. REPEAL OF LIMITATION ON SOCIAL SECURITY WAGE BASE FOR FICA AND 
              SECA.

    (a) FICA.--Paragraph (1) of section 3121(a) of the Internal Revenue 
Code of 1986 is hereby repealed.
    (b) SECA.--Subsection (b) of section 1402 of such Code is amended 
by striking ``include--'' and all that follows through ``3211.'' and 
inserting ``include the net earnings from self-employment, if such net 
earnings for the taxable year are less than $400.''.
    (c) Conforming Amendments.--
            (1) Section 31 of such Code is amended by striking 
        subsection (b) and redesignating subsection (c) as subsection 
        (b).
            (2) Section 51(h)(1)(A) of such Code is amended by striking 
        ``except that the contribution and benefit base for each 
        calendar year shall be deemed to be'' and inserting ``not to 
        exceed''.
            (3) Section 3121(s) of such Code is amended by striking 
        ``3102, 3111, and 3121(a)(1)'' and inserting ``3102 and 3111''.
            (4) Section 3122 of such Code is amended by striking ``The 
        person making such return may, for convenience of 
        administration, make payments of the tax imposed under section 
        3111 with respect to such service without regard to the 
        contribution and benefit base limitation in section 3121(a)(1), 
        and he shall not be required to obtain a refund of the tax paid 
        under section 3111 on that part of the remuneration not 
        included in wages by reason of section 3121(a)(1).''.
            (5) Subsections (a), (b), (c), and (d) of section 3125 of 
        such Code are each amended by striking the last sentence.
            (6) Section 6413 of such Code is amended by striking 
        subsection (c).
            (7) Section 643(d)(1) of such Code is amended by striking 
        ``31(c)'' and inserting ``31(b)''.
            (8) Subsection (c) of section 230 of the Social Security 
        Act is amended by striking ``and sections 1402, 3121, 3122, 
        3125, 6413, and 6654 of the Internal Revenue Code of 1986''.
    (d) Effective Date.--
            (1) The amendments made by subsections (a), (b), and (d) 
        shall apply with respect to remuneration paid after December 
        31, 2015.
            (2) The amendments made by subsection (c) shall apply to 
        taxable years beginning after December 31, 2015.
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