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
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.
This bill was introduced in the 96th Congress, which met from Jan 15, 1979 to Dec 16, 1980. Legislation not enacted by the end of a Congress is cleared from the books.
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GovTrack.us. (2019). H.R. 2430 — 96th Congress: Social Security Refinancing Amendments of 1979. Retrieved from https://www.govtrack.us/congress/bills/96/hr2430
“H.R. 2430 — 96th Congress: Social Security Refinancing Amendments of 1979.” www.GovTrack.us. 1979. November 15, 2019 <https://www.govtrack.us/congress/bills/96/hr2430>
Social Security Refinancing Amendments of 1979, H.R. 2430, 96th Cong..
|title=H.R. 2430 (96th)
|accessdate=November 15, 2019
|author=96th Congress (1979)
|date=February 26, 1979
|quote=Social Security Refinancing Amendments of 1979
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