S. 770 · Where this bill is now
In committee
Introduced in the Senate, Feb 27, 2025
119th Congress
1st SessionS. 770
1st SessionS. 770
A BILL
Social Security Expansion Act
In the SenateNo vote yet
Sponsor: Sen. Bernard Sanders (I-VT) · Introduced Feb 27, 2025 · Social Welfare · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 27, 2025: “Read twice and referred to the Committee on Finance.”
Sections
Sections · 9
- Sec. 1Short title; table of contentsNo change
- Sec. 2Across-the-board benefit increaseNo change
- Sec. 3Computation of cost-of-living increasesNo change
- Sec. 4Increase in minimum benefit for lifetime low earners based on years in the workforceNo change
- Sec. 5Extended benefit eligibility for children who are full-time studentsNo change
- Sec. 6Payroll tax on remuneration up to contribution and benefit base and more than $250,000No change
- Sec. 7Tax on net earnings from self-employment up to contribution and benefit base and more than $250,000No change
- Sec. 8Tax on investment gainNo change
- Sec. 9Social Security Trust Fund establishedNo change