No Tax on Restored Benefits Act

Hozzl · 2026-02-20T20:28:35Z

Explore the details of House Bill 7361 No Tax on Restored Benefits Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/20/2026, 8:28 PM

Summary of Bill HR 7361

The bill titled "To amend the Internal Revenue Code of 1986 to exclude from gross income certain benefits received by reason of the Social Security Fairness Act of 2023," designated as H.R. 7361 in the 119th Congress and introduced on February 4, 2026, aims to modify the tax code to exempt specific benefits from being counted in gross income due to the Social Security Fairness Act of 2023.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 7361

Bill HR 7361 is currently in the status of Bill Introduced since February 4, 2026. Bill HR 7361 was introduced during Congress 119 and was introduced to the House on February 4, 2026. Bill HR 7361's most recent activity was Referred to the House Committee on Ways and Means. as of February 4, 2026

Bipartisan Support of Bill HR 7361

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7361

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7361

No Tax on Restored Benefits Act

To amend the Internal Revenue Code of 1986 to exclude from gross income certain benefits received by reason of the Social Security Fairness Act of 2023.