S. 2957 · 111th Congress · 2009–2010
A bill to amend the Internal Revenue Code of 1986 to temporarily reduce payroll taxes of employees and employers by one-half, and for other purposes.
S. 2957 in the 111th Congress (2009–2010) was introduced on Jan 26, 2010, sponsored by George LeMieux.
During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jan 26, 2010
- Co-sponsors
- 0
- Policy area
- Taxation
What it does
Amends the Internal Revenue Code to reduce in 2010: (1) the employment tax rate from 6.2 to 3.1% for employers and employees; and (2) the tax rate on self-employment income from 12.4 to 6.2%. Appropriates to the Federal Old-Age and Survivors Trust Fund and the Federal Disability Trust Fund sufficient amounts to cover any revenue lost to such Trust Funds from the enactment of this Act.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Where it stands
- IntroducedJan 26, 2010
- Passed the Senate—
- Passed the House—
- Sent to the President—
- Became law—
Latest action: Read twice and referred to the Committee on Finance. (Jan 26, 2010)
More bills from George LeMieux in the 111th Congress
Other Taxation bills in the 111th Congress
- H.R. 4462: To accelerate the income tax benefits for charitable cash contributions for the relief of victims…
- H.R. 4887: TRICARE Affirmation Act
- H.R. 5623: Homebuyer Assistance and Improvement Act of 2010
- H.R. 4213: Unemployment Compensation Extension Act of 2010
- H.R. 1586: Aviation Safety and Investment Act of 2010
- H.R. 5552: Firearms Excise Tax Improvement Act of 2010
- H.R. 4783: Claims Resolution Act of 2010
- H.R. 4994: Medicare and Medicaid Extenders Act of 2010
- H.R. 4337: Regulated Investment Company Modernization Act of 2010
- H.R. 5901: Real Estate Jobs and Investment Act of 2010
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
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Capitol Receipts, “S. 2957 (111th Congress): A bill to amend the Internal Revenue Code…,” https://www.capitolreceipts.com/bill/111-s-2957/a-bill-to-amend-the-internal-revenue-code-of (accessed 2026-10-16).