H.R.1532 - Senior Citizens Tax Elimination Act107th Congress (2001-2002)
Summary: H.R.1532 — 107th Congress (2001-2002)
Senior Citizens Tax Elimination Act - Amends the Internal Revenue Code to repeal the inclusion of any social security or tier I railroad retirement benefits in gross income.
Introduced in House (04/04/2001)
Appropriates non-appropriated Treasury amounts for the social security and railroad retirement funds to equal the amounts not transferred as a result of such repeal. Expresses the sense of Congress that tax increases will not be used to provide such revenue.