Social Security Beneficiary Tax Reduction Act

This bill, introduced in 2002, sought to reduce the federal income taxes that some retirees pay on their Social Security benefits. Specifically, it would have repealed a 1993 law that increased the maximum amount of benefits subject to taxation from 50% to 85% for higher-income beneficiaries.

If enacted, the bill would have lowered the tax burden for individuals and couples whose total income exceeds certain thresholds, allowing them to keep a larger portion of their monthly benefit checks. While the measure was introduced and discussed in the House of Representatives, it did not advance further during that session of Congress.