H.R. 4968

119th Congress

In Committee

Protecting and Preserving Social Security Act

Sponsored byDemocrat:Rep. Tokuda, Jill N. [D-HI-2]HI· Introduced 12 août 2025

11

Cosponsors

5

Actions

0

Amendments

3

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

12 août 2025·11 months ago

Summary

Introduced in House · Updated 3 juin 2026

Protecting and Preserving Social Security Act

This bill eliminates the cap on income subject to Social Security taxes and revises methods for calculating various aspects of Social Security benefits.

Under current law, Social Security has a taxable maximum, which refers to the maximum amount of a worker's earnings that are subject to Social Security payroll taxes (set at $176,100 in 2025). The taxable maximum also serves as the maximum amount of earnings used to calculate a worker's Social Security benefits.

This bill phases out the taxable maximum so as to apply payroll taxes to all earnings after 2031, and revises the method used to calculate a worker’s Social Security benefits to account for earnings in excess of the taxable maximum.

The bill also revises the method of calculating cost-of-living adjustments to Social Security benefits to reflect the spending habits of individuals over the age of 62. An increase in Social Security benefits resulting from this change may not be treated as income for purposes of determining eligibility for, or the amount of assistance provided under, the Medicaid or Supplemental Security Income programs.

Timeline

5 actions

  1. Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    12 août 2025 · IntroReferral

  2. Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    12 août 2025 · IntroReferral

  3. Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    12 août 2025 · IntroReferral

  4. Introduced in House

    12 août 2025 · IntroReferral

  5. Introduced in House

    12 août 2025 · IntroReferral

Sponsorship

11 cosponsors

Cosponsors

  • Democrat11100%

Classification

Policy area

Social Welfare

Committees

3

  • Education and Workforce Committee

    House · Standing

    • Referred To12 Aug 2025
  • Energy and Commerce Committee

    House · Standing

    • Referred To12 Aug 2025
  • Ways and Means Committee

    House · Standing

    • Referred To12 Aug 2025

Cosponsor momentum

Cumulative over time

Cosponsors grew from 7 on 12 août 2025 to 11 on 13 juillet 2026.

Pelosi Tracker
© 2026 - Tous droits réservés. Propulsé par Vantara Labs
Ce site web est une plateforme indépendante et tierce. Il n'est pas affilié à, approuvé par ou associé de quelque manière que ce soit à Nancy Pelosi, son bureau ou ses représentants. Toute utilisation de son nom est uniquement à des fins de discussion d'informations publiques disponibles.Les informations fournies sur ce site web sont uniquement à des fins informatives et éducatives et ne sont pas destinées à servir de conseils financiers ou d'investissement, ni ne doivent être interprétées comme tels. Les données présentées ici proviennent de déclarations et dossiers publics. Bien que nous nous efforcions d'assurer l'exactitude, l'actualité et l'exhaustivité, nous ne garantissons pas que toutes les informations sont exemptes d'erreurs ou à jour.Le support est disponible en anglais. Certaines traductions sont automatiques.