Repeal of inclusion of social security benefits in gross income

(a) In general Section 86 is amended by adding at the end the following new subsection: (g) Termination This section shall not apply to any taxable year beginning after December 31, 2025.. (b) Social Security trust funds held harmless 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 (including the Federal Hospital Insurance Trust Fund) or the Railroad Retirement Act of 1974 an amount equal to the reduction in the transfers to such fund for such fiscal year by reason of section 86(g) of the Internal Revenue Code of 1986.