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H.R. 2430 (96th): Social Security Refinancing Amendments of 1979

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A bill to amend the Social Security Act and the Internal Revenue Code of 1954 to provide that the medicare program shall be financed from general revenues rather than through the imposition of employment and self-employment taxes as at present, with the new method of financing being gradually phased in over a 6-year period, and to adjust the rates of the taxes imposed for purposes of financing the OASDI and disability insurance program in order to assure the future actuarial soundness of those programs.

The bill’s titles are written by its sponsor.

Sponsor and status

Feb 26, 1979
96th Congress (1979–1980)
Died in a previous Congress

This bill was introduced on February 26, 1979, in a previous session of Congress, but it did not receive a vote.

Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).


Abner Mikva

Representative for Illinois's 10th congressional district



26 Cosponsors (24 Democrats, 1 New Progressive, 1 Republican)



Feb 26, 1979

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 2430 (96th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 2430. This is the one from the 96th Congress.

This bill was introduced in the 96th Congress, which met from Jan 15, 1979 to Dec 16, 1980. Legislation not passed by the end of a Congress is cleared from the books.

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“H.R. 2430 — 96th Congress: Social Security Refinancing Amendments of 1979.” 1979. January 31, 2023 <>

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