If signed into law, H.R. 2855 would enhance Social Security benefits by basing COLAs on the CPI-E, indexing the Special Minimum Benefit to 125% of the poverty line, creating a new benefit for widows and widowers equal to 75% of prior combined benefits, and applying the payroll tax to annual income over $250,000.
Rep. Al Lawson, Jr. (FL-5) introduced H.R. 2855 on June 8, 2017. It has since been referred to the Committee on Energy and Commerce.
Learn more about H.R. 2855 here.