Sponsor:

Rep. Roe, Robert A. [D-NJ-8] (Introduced 01/04/1977)

Summary:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Major Actions:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Amendments:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Cosponsors:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Sponsor:

Rep. Roe, Robert A. [D-NJ-8] (Introduced 01/04/1977)

Summary:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Major Actions:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Amendments:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.

Cosponsors:

Summary: H.R.1258 — 95th Congress (1977-1978)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/04/1977) Amends the Internal Revenue Code of 1954 to establish lower tax rates on employees, employers, and the self-employed for purposes of old-age, survivors, and disability insurance after fiscal year 1977. Decreases the tax rate on self-employment, employee, and employer income for purposes of hospital insurance. Amends Title II (Old-Age, Survivors, and Disability Insurance) in order to provide that one-third of the costs of the program shall hereafter be borne by the Federal Government. Increases the earnings counted for benefit and tax purposes.