HR4583-118

Introduced

To protect our Social Security system and improve benefits for current and future generations.

118th Congress Introduced Jul 12, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To protect our Social Security system and improve benefits for current and future generations., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Healthcare, Labor.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H3482259C23044015808208EC3867123C: 1. Short title This Act may be cited as the Social Security 2100 Act.
  • Section H2BE59593B0AF44E5B59C77B507D3CC06: 2. Table of contents The table of contents for this Act is as follows:
  • Section H19498E4E4CA146919F64E7B94E43A8DC: 101. Across-the-board benefit increase Section 215(a)(1)(A)(i) of the Social Security Act (42 U.S.C. 415(a)(1)(A)(i)) is amended by striking 90 percent and...
  • Section HB1FC8703243E4218A8B3B621C7CD77FB: 102. More accurate cost-of-living adjustment Section 215(i)(1)(D) of the Social Security Act (42 U.S.C. 415(i)(1)(D)) is amended by striking Consumer Price...
  • Section HAB86A4B56EB74267A869879A7841022A: 103. Increasing the minimum benefit for long-term low earners Section 215(a)(1) of the Social Security Act (42 U.S.C. 415(a)(1)) is amended— by redesignating...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill, To protect our Social Security system and improve benefits for current and future generations., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Healthcare, Labor

Primary Purpose

This bill, To protect our Social Security system and improve benefits for current and future generations., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Healthcare Labor

Whole bill

Identified Gains
Contextual inference, no direct clause citation
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Legislative Progress

Introduced
Introduced Committee Passed
Jul 12, 2023

Mr. Larson of Connecticut (for himself, Mr. Neal, Mr. Jeffries, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Healthcare Labor
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_health_and_human_services"
→ Secretary of Health and Human Services

Key Definitions

Terms defined in this bill

2 terms
"total compensation" §H3D0CE6FDDB3F4351B7DD39326900BCA3

the sum of the net earnings from self-employment and the amount of wages paid to such individual during the taxable year. For purposes of this subsection, the term wages— shall be determined without regard to section 3121(aa)

"excess wages" §HE78C88F48AF54844AD408AE31D2B6BBE

that portion of the wages of an individual paid in a year after 2024 that are not basic wages

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology