114-hr-4144114th Congress

Seniors And Veterans Emergency (SAVE) Benefits Act

Sponsored By: Representative Duckworth, Tammy [D-IL]

Unknown

Summary

Seniors And Veterans Emergency (SAVE) Benefits Act This bill directs the Department of the Treasury to disburse a payment equal to 3.9% of the average amount of annual benefits to certain individuals (except prisoners, fugitive felons, or aliens) who are entitled to a specified benefit under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA), an annuity under the Railroad Retirement Act of 1974, a veterans benefit, or are eligible for a cash benefit under SSA title XVI (Supplemental Security Income), including a special benefit for individuals who perform substantial gainful activity despite severe medical impairment. A refundable income tax credit is allowed for the first taxable year beginning in 2015 in an amount equal to $581 for certain eligible government retirees who do not receive such a payment. The Internal Revenue Code is amended, with respect to the $1 million limitation on the deductibility of employee compensation, to: eliminate the exemption from that limitation for compensation payable on a commission basis or upon the attainment of a performance goal; extend the limitation to any individual who is a current or former officer, director, or employee of a publicly-held corporation; and apply the limitation to all publicly-held corporations required by the Securities and Exchange Commission to register securities and provide periodic reports to their investors.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Duckworth, Tammy [D-IL]

IL • D

Cosponsors

  • Rep. Larson, John B. [D-CT-1]

    CT • D

    Sponsored 12/10/2015

  • Rep. McGovern, James P. [D-MA-2]

    MA • D

    Sponsored 12/11/2015

  • Rep. Higgins, Brian [D-NY-26]

    NY • D

    Sponsored 12/11/2015

  • Rep. Cartwright, Matt [D-PA-8]

    PA • D

    Sponsored 12/11/2015

  • Sen. Van Hollen, Chris [D-MD]

    MD • D

    Sponsored 12/11/2015

  • Rep. Takai, Mark [D-HI-1]

    HI • D

    Sponsored 12/11/2015

  • Rep. Keating, William R. [D-MA-9]

    MA • D

    Sponsored 12/15/2015

  • Rep. Frankel, Lois [D-FL-22]

    FL • D

    Sponsored 12/17/2015

  • Rep. Foster, Bill [D-IL-11]

    IL • D

    Sponsored 12/18/2015

  • Rep. Connolly, Gerald E. [D-VA-11]

    VA • D

    Sponsored 12/18/2015

  • Rep. Garamendi, John [D-CA-8]

    CA • D

    Sponsored 1/7/2016

  • Rep. Lowenthal, Alan S. [D-CA-47]

    CA • D

    Sponsored 1/7/2016

  • Rep. Maloney, Sean Patrick [D-NY-18]

    NY • D

    Sponsored 1/12/2016

  • Rep. DelBene, Suzan K. [D-WA-1]

    WA • D

    Sponsored 1/12/2016

  • Rep. Lynch, Stephen F. [D-MA-8]

    MA • D

    Sponsored 1/12/2016

  • Rep. Jeffries, Hakeem S. [D-NY-8]

    NY • D

    Sponsored 2/9/2016

  • Rep. Tonko, Paul [D-NY-20]

    NY • D

    Sponsored 2/9/2016

  • Rep. Murphy, Patrick [D-FL-18]

    FL • D

    Sponsored 12/1/2015

  • Rep. Johnson, Henry C. "Hank" [D-GA-4]

    GA • D

    Sponsored 12/1/2015

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 12/1/2015

  • JOHN CONYERS

    MI • D

    Sponsored 12/1/2015

  • Rep. Wasserman Schultz, Debbie [D-FL-25]

    FL • D

    Sponsored 12/1/2015

  • Rep. Grijalva, Raúl M. [D-AZ-7]

    AZ • D

    Sponsored 12/1/2015

  • Rep. Ashford, Brad [D-NE-2]

    NE • D

    Sponsored 12/1/2015

  • Rep. Schakowsky, Janice D. [D-IL-9]

    IL • D

    Sponsored 12/1/2015

  • Rep. Ellison, Keith [D-MN-5]

    MN • D

    Sponsored 12/1/2015

  • Rep. Courtney, Joe [D-CT-2]

    CT • D

    Sponsored 12/2/2015

  • Rep. Scott, Robert C. "Bobby" [D-VA-3]

    VA • D

    Sponsored 12/2/2015

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 12/2/2015

  • Rep. Cicilline, David N. [D-RI-1]

    RI • D

    Sponsored 12/2/2015

  • Rep. Langevin, James R. [D-RI-2]

    RI • D

    Sponsored 12/8/2015

  • Rep. DeLauro, Rosa L. [D-CT-3]

    CT • D

    Sponsored 12/8/2015

  • Rep. Kaptur, Marcy [D-OH-9]

    OH • D

    Sponsored 12/8/2015

  • Rep. Hastings, Alcee L. [D-FL-20]

    FL • D

    Sponsored 12/8/2015

  • Rep. Matsui, Doris O. [D-CA-7]

    CA • D

    Sponsored 12/8/2015

  • Rep. Tsongas, Niki [D-MA-3]

    MA • D

    Sponsored 12/8/2015

  • LOUISE SLAUGHTER

    NY • D

    Sponsored 12/8/2015

  • Rep. Kirkpatrick, Ann [D-AZ-1]

    AZ • D

    Sponsored 12/8/2015

  • Rep. DeFazio, Peter A. [D-OR-4]

    OR • D

    Sponsored 12/9/2015

  • Rep. Takano, Mark [D-CA-39]

    CA • D

    Sponsored 12/9/2015

  • LUIS GUTIERREZ

    IL • D

    Sponsored 12/9/2015

  • Rep. Pocan, Mark [D-WI-2]

    WI • D

    Sponsored 12/9/2015

  • Rep. Watson Coleman, Bonnie [D-NJ-12]

    NJ • D

    Sponsored 12/9/2015

  • JOSE SERRANO

    NY • D

    Sponsored 12/9/2015

  • RICHARD NOLAN

    MN • D

    Sponsored 12/9/2015

  • Rep. Pingree, Chellie [D-ME-1]

    ME • D

    Sponsored 12/10/2015

  • Rep. Ruppersberger, C. A. Dutch [D-MD-2]

    MD • D

    Sponsored 12/10/2015

  • Rep. Swalwell, Eric [D-CA-14]

    CA • D

    Sponsored 2/10/2016

  • Rep. Kilmer, Derek [D-WA-6]

    WA • D

    Sponsored 2/23/2016

  • JIM MCDERMOTT

    WA • D

    Sponsored 2/23/2016

  • Rep. Maloney, Carolyn B. [D-NY-12]

    NY • D

    Sponsored 3/15/2016

  • Rep. Rush, Bobby L. [D-IL-1]

    IL • D

    Sponsored 3/15/2016

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 4/15/2016

  • Rep. Esty, Elizabeth H. [D-CT-5]

    CT • D

    Sponsored 4/18/2016

  • GENE GREEN

    TX • D

    Sponsored 5/16/2016

  • Rep. Quigley, Mike [D-IL-5]

    IL • D

    Sponsored 5/16/2016

  • Rep. Chu, Judy [D-CA-28]

    CA • D

    Sponsored 5/16/2016

  • Rep. Kuster, Ann M. [D-NH-2]

    NH • D

    Sponsored 6/7/2016

  • Rep. Lee, Barbara [D-CA-12]

    CA • D

    Sponsored 11/15/2016

Roll Call Votes

No roll call votes available for this bill.

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