H.R. 4140 · 114th Congress
Saving the Earnings and Noting the Investment of Our Retired Seniors Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
GuintaSponsor8 cosponsors · 2 D, 6 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Saving the Earnings and Noting the Investment of Our Retired Seniors Act of 2015 or the SENIORS Act of 2015
What it does: CRS summary · Introduced in House · Dec 1, 2015
Saving the Earnings and Noting the Investment of Our Retired Seniors Act of 2015 or the SENIORS Act of 2015
This bill expresses the sense of Congress on a cost-of-living increase to Social Security benefits for seniors.
The Department of the Treasury shall disburse a one-time payment to certain individuals who are entitled to a benefit under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act (SSAct), an annuity under the Railroad Retirement Act of 1974, or a veterans benefit, or are eligible for a cash benefit under SSAct title XVI (Supplemental Security Income).
The amount disbursed shall be 12% of the amount of such benefit payment or SSI cash benefit payable to the individual for November 2015.
The Internal Revenue Code is amended to require a Social Security number to claim the refundable portion of the child tax credit.
As offsets for these payments:
- all balances under the United States Enrichment Corporation Fund are hereby permanently rescinded;
- of the amounts obligated, but not expended, under the Emergency Economic Stabilization Act of 2008 for the Making Home Affordable Program, Treasury shall transfer $2.5 million to the general fund of the Treasury; and
- of the funds made available to the Department of Energy under the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 for the Advanced Technology Vehicles Manufacturing Loan Program Account for the cost of direct loans as authorized by the Energy Independence and Security Act of 2007, the unobligated balance is hereby rescinded.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Saving the Earnings and Noting the Investment of Our Retired Seniors Act of 2015
Also known as: SENIORS Act of 2015
Latest action (Dec 4, 2015): Referred to the Subcommittee on Energy and Power.
Policy area: Social Welfare · Origin: House · Introduced: Dec 1, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.