Social Security Marriage Penalty Elimination Act of 2003

Social Security Marriage Penalty Elimination Act of 2003 - Amends the Internal Revenue Act to increase joint return base and adjusted base amount thresholds for purposes of determining the additional amount of social security or railroad retirement benefits includable in gross income.

[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2072 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 2072

 To amend the Internal Revenue Code of 1986 to eliminate the marriage 
    penalty in the computation of the income tax on Social Security 
                               benefits.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 13, 2003

Mr. Foley (for himself, Mr. Tancredo, Mr. Paul, Mr. Green of Wisconsin, 
   Mr. Bachus, Mr. LaTourette, Mr. Istook, Mr. Ney, Mr. English, Mr. 
    Platts, Mr. McHugh, Mrs. Wilson of New Mexico, Mr. Souder, Mr. 
 Nethercutt, Ms. Ros-Lehtinen, Mr. Hayworth, and Ms. Ginny Brown-Waite 
 of Florida) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to eliminate the marriage 
    penalty in the computation of the income tax on social security 
                               benefits.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Social Security Marriage Penalty 
Elimination Act of 2003''.

SEC. 2. ELIMINATION OF MARRIAGE PENALTY IN COMPUTATION OF INCOME TAX ON 
              SOCIAL SECURITY BENEFITS.

    (a) In General.--Subsection (c) of section 86 of the Internal 
Revenue Code of 1986 (relating to social security and tier 1 railroad 
retirement benefits) is amended to read as follows:
    ``(c) Base Amount and Adjusted Base Amount.--For purposes of this 
section--
            ``(1) Base amount.--The term `base amount' means--
                    ``(A) $50,000 in the case of a joint return, and
                    ``(B) $25,000 in any other case.
            ``(2) Adjusted base amount.--The term `adjusted base 
        amount' means--
                    ``(A) $68,000 in the case of a joint return, and
                    ``(B) $34,000 in any other case.''
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2002.
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