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To amend the Internal Revenue Code of 1986 to increase the exclusion from gross income of social security benefits.
2/8/2025, 9:05 AM
Summary of Bill HR 1129
Bill 119 HR 1129, also known as the Social Security Fairness Act, aims to amend the Internal Revenue Code of 1986 in order to increase the exclusion from gross income of social security benefits. The bill seeks to provide relief to individuals who receive social security benefits by raising the income threshold at which these benefits are taxed.
Currently, social security benefits are subject to taxation if an individual's income exceeds a certain threshold. This bill proposes to increase this threshold, allowing more individuals to exclude a larger portion of their social security benefits from their gross income.
The goal of this legislation is to provide financial relief to retirees and individuals who rely on social security as a significant source of income. By increasing the exclusion of social security benefits from gross income, the bill aims to reduce the tax burden on these individuals and improve their overall financial well-being. Overall, Bill 119 HR 1129 seeks to make the tax code more equitable for individuals receiving social security benefits and provide much-needed relief to those who rely on these benefits for their livelihood.
Currently, social security benefits are subject to taxation if an individual's income exceeds a certain threshold. This bill proposes to increase this threshold, allowing more individuals to exclude a larger portion of their social security benefits from their gross income.
The goal of this legislation is to provide financial relief to retirees and individuals who rely on social security as a significant source of income. By increasing the exclusion of social security benefits from gross income, the bill aims to reduce the tax burden on these individuals and improve their overall financial well-being. Overall, Bill 119 HR 1129 seeks to make the tax code more equitable for individuals receiving social security benefits and provide much-needed relief to those who rely on these benefits for their livelihood.
Current Status of Bill HR 1129
Bill HR 1129 is currently in the status of Bill Introduced since February 7, 2025. Bill HR 1129 was introduced during Congress 119 and was introduced to the House on February 7, 2025. Bill HR 1129's most recent activity was Referred to the House Committee on Ways and Means. as of February 7, 2025
Bipartisan Support of Bill HR 1129
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1129
Primary Policy Focus
Alternate Title(s) of Bill HR 1129
To amend the Internal Revenue Code of 1986 to increase the exclusion from gross income of social security benefits.
To amend the Internal Revenue Code of 1986 to increase the exclusion from gross income of social security benefits.
Comments

Kamden Duffy
1,189
1 year ago
I think this bill is good cuz it helps ppl on social security get more money. I like that. It might help me too. I hope it passes. #UnitedStatesHRBill1129 #SocialSecurityBenefits #BigPicture
Sponsors and Cosponsors of HR 1129
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