Social Security: Ending Taxes on Benefits
The Senate Committee on Finance is responsible for reviewing this bill, but it has not moved since February 6, 2025. Most bills like this do not receive a committee vote and do not advance further in the legislative process. No new actions have occurred for this proposal since it was first referred to the committee.
While the idea is popular with voters, the high cost to the federal budget and lack of broad bipartisan support make it difficult to pass in the current Senate.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
A portion of the tax revenue collected on Social Security benefits is currently directed to the Medicare Hospital Insurance Trust Fund. The bill promises to replace that lost revenue with new Treasury appropriations, but this shifts Medicare's financing from a dedicated tax stream to general fund transfers, which some analysts see as less secure over time.
“There are hereby appropriated (out of any money in the Treasury not otherwise appropriated) for each fiscal year to each fund under the Social Security Act or the Railroad Retirement Act of 1974 an amount equal to the reduction in the transfers to such fund”
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Rep. Thomas Massie reintroduced the Senior Citizens Tax Elimination Act (H.R. 1040) to nix the 'unjust double tax' on Social Security benefits. The bill would amend the tax code to exclude these benefits from gross income, fulfilling a key campaign promise made by President Trump.
Representative Thomas Massie (R-KY) proposed the Senior Citizens Tax Elimination Act with 29 Republican co-sponsors. The measure would repeal the inclusion of Social Security benefits in gross income for federal tax purposes, a move supported by groups like The Senior Citizens League.
Rep. Thomas Massie announced the reintroduction of H.R. 1040, stating that seniors have already paid tax on their contributions via the payroll tax. The bill seeks to end the practice of listing benefits as taxable income, which Massie describes as a way for Congress to obtain extra revenue.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Senior Citizens Tax Elimination Act
Analysis generated by AI. Always verify with official sources.