To enhance Social Security benefits and ensure the long-term solvency of the Social Security program.
Summary
What This Bill Does
The bill requires computation of cost-of-living increases Section 215(i)(1) of the Social Security Act (42 U.S.C, requires increase in minimum benefit for lifetime low earners based on years in the workforce Section 215(a)(1) of the Social Security Act (42 U.S.C, and requires extended benefit eligibility for children who are full-time students Section 202(d) of the Social Security Act (42 U.S.C. It relies on definition changes, compliance mandates, tax rate changes, and reporting requirements. The main policy areas are Environmental Groups, Finance, Environment, and Education.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk, Transportation operators and users affected by the bill could face lower compliance burdens, and Educational institutions and students affected by the bill could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Environmental and public health interests affected by the bill would take on compliance duties, and Patients and health care consumers affected by the bill would take on compliance duties.
Key Provisions
- Requires computation of cost-of-living increases Section 215(i)(1) of the Social Security Act (42 U.S.C.
- Requires increase in minimum benefit for lifetime low earners based on years in the workforce Section 215(a)(1) of the Social Security Act (42 U.S.C.
- Requires extended benefit eligibility for children who are full-time students Section 202(d) of the Social Security Act (42 U.S.C.
- Requires payroll tax on remuneration up to contribution and benefit base and more than $250,000 Paragraph (1) of section 3121(a) of the Internal Revenue Code of 1986 is amended to read as follows: in the case of taxes...
- Requires tax on net earnings from self-employment up to contribution and benefit base and more than $250,000 Paragraph (1) of section 1402(b) of the Internal Revenue Code of 1986 is amended to read as follows: in...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires computation of cost-of-living increases Section 215(i)(1) of the Social Security Act (42 U.S.C, requires increase in minimum benefit for lifetime low earners based on years in the workforce Section 215(a)(1) of the Social Security Act (42 U.S.C, and requires extended benefit eligibility for children who are full-time students Section 202(d) of the Social Security Act (42 U.S.C.
Key Policy Areas
Environmental Groups, Finance, Environment, Education
Primary Purpose
The bill requires computation of cost-of-living increases Section 215(i)(1) of the Social Security Act (42 U.S.C, requires increase in minimum benefit for lifetime low earners based on years in the workforce Section 215(a)(1) of the Social Security Act (42 U.S.C, and requires extended benefit eligibility for children who are full-time students Section 202(d) of the Social Security Act (42 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
- Transportation operators and users affected by the bill
- Educational institutions and students affected by the bill
- Businesses and employers affected by the bill
- Regulated entities and members of the public affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Environmental and public health interests affected by the bill
- Patients and health care consumers affected by the bill
- Businesses and employers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Sanders (for himself, Ms. Warren, Mr. Whitehouse, Mr. Merkley, …
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?
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.
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