John Kennedy (R-LA)
A bill to amend the Internal Revenue Code of 1986 to apply inflation adjustments to the base amount and adjusted base amount for purposes of determining taxable social security benefits.
A Republican bill with no cosponsors
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill proposes an amendment to the Internal Revenue Code of 1986. It aims to apply inflation adjustments to specific dollar amounts used to determine taxable Social Security benefits. These adjustments would apply to taxable years beginning after 2026. The adjustment is calculated using a cost-of-living multiplier. Additionally, the bill includes a rule for rounding adjusted amounts to the next highest multiple of $100.
Yes· 3 of 6
- Scored +3
Would people over 65 be better off under this?
Seniors receiving Social Security benefit from inflation-adjusted thresholds which may reduce their taxable income burden.
- Scored +3
Would retired people be better off under this?
Retirees are directly benefited by the inflation-based adjustments to the thresholds used to determine taxable Social Security benefits.
- Scored +3
Does this strengthen Social Security?
The bill protects the purchasing power of Social Security recipients by adjusting the taxability thresholds for inflation.
The opposite
- Scored -1
Does this reduce what the federal government spends?
Adjusting these thresholds upward may slightly decrease federal revenue from social security taxation.
Who it would affect, and how
Potential Positive Impacts for People
- Inflation-Adjusted Thresholds: The bill would increase the dollar amounts used for determining taxable Social Security benefits by a cost-of-living adjustment (Section 1). This could be positive as it adjusts these financial thresholds to account for inflation for taxable years beginning after 2026.
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would retired people be better off under this? — Retirees are directly benefited by the inflation-based adjustments to the thresholds used to determine taxable Social Security benefits. Would people over 65 be better off under this? — Seniors receiving Social Security benefit from inflation-adjusted thresholds which may reduce their taxable income burden. Would households on low incomes be better off under this? — The inflation adjustment helps prevent Social Security benefits from being disproportionately taxed as cost-of-living rises. Would middle-income households be better off under this? — The adjustment to taxability thresholds provides a safeguard against rising inflation impacting net income.
- Social Issues And Justice
- Does this strengthen Social Security? — The bill protects the purchasing power of Social Security recipients by adjusting the taxability thresholds for inflation.
- Economy And Finance
- Does this cut taxes for middle-income families? — By adjusting the thresholds for taxable Social Security benefits upward with inflation, fewer beneficiaries may reach the level where their benefits are considered taxable income. Does this reduce what the federal government spends? — Adjusting these thresholds upward may slightly decrease federal revenue from social security taxation.
- 7/22/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate