US SB157 | 2017-2018 | 115th Congress
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2017-01-17 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2017-01-17 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Seniors' Tax Simplification Act of 2017 This bill directs the Internal Revenue Service to make available to taxpayers who have turned age 65 at the close of the taxable year a new federal income tax Form 1040SR (similar to the existing Form 1040EZ). Such taxpayers can use this new form even if their income includes: (1) Social Security benefits; (2) distributions from qualified retirement plans, annuities, or other such deferred payment arrangements; (3) interest and dividends; or (4) capital gains and losses. The form must be available without regard to the amount of any item of taxable income or the total amount of taxable income for the taxable year.
Title
Seniors' Tax Simplification Act of 2017
Sponsors
Sen. Marco Rubio [R-FL] | Sen. Bill Nelson [D-FL] | Sen. Mike Lee [R-UT] |
History
Date | Chamber | Action |
---|---|---|
2017-01-17 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2721 (Same As) 2017-05-25 - Referred to the House Committee on Ways and Means.
SB1 (Related) 2017-11-28 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 269.
SB1 (Related) 2017-11-28 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 269.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/157/all-info |
Text | https://www.congress.gov/115/bills/s157/BILLS-115s157is.pdf |