,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #ajbi  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #g1 #bjac ,mr4   
,de,fazio 7= himself1 ,ms4 ,br[n (      
,florida1 ,ms4 ,slaught]1 ,ms4 ,moore1 &
 ,mr4 ,cony]s7 introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to apply payroll  
taxes to remun]ation & e>n+s f          
self-employm5t up to ! contribution &   
b5efit base & to remun]ation 9 excess ( 
#bej1jjj4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,no ,loopholes 9 ,social   
,security ,taxes ,act4  #b4 ,payroll tax
 on remun]ation up to contribution &    
b5efit base & m ?an #bej1jjj  7a7 ,9    
g5]al ,p>agraph 7#a7 ( section #caba7;a7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by ins]t+ aft] su* cal5d> ye>4 !  
foll[+3 ,! prec$+ s5t5ce %all apply only
 to cal5d> ye>s = :i* ! contribution &  
b5efit base 7z s det]m9$7 is less ?an   
#bej1jjj1 &1 = su* cal5d> ye>s1 only to 
s mu* ( ! remun]ation paid to su*       

employee by su* employ] ) respect to    
employm5t z does n exce$ #bej1jjj44  7b7
 ,con=m+ am5dm5t ,p>agraph 7#a7 (       
section #caba7;a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by /rik+ ,act7 to
 & ins]t+ ,act71 or 9 excess ( #bej1jjj1
 to4  7c7 ,effective date ,! am5dm5ts   
made by ?is section %all apply to       
remun]ation paid aft] ,decemb] #ca1     
#bjac4  #c4 ,tax on net e>n+s f         
self-employm5t up to contribution &     
b5efit base & m ?an #bej1jjj  7a7 ,9    
g5]al ,p>agraph 7#a7 ( section #adjb7;b7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ to read z foll[s3  7#a7 9 ! case (
 ! tax impos$ by section #adja7;a71 !   
excess (--  7,a7 t "p ( ! net e>n+s f   
self-employm5t :i* is 9 excess (--  7i7 
an am\nt equal to ! contribution &      
b5efit base 7z det]m9$ "u section #bcj (
 ! ,social ,security ,act7 :i* is       
effective = ! cal5d> ye> 9 :i* su*      
taxable ye> beg9s1 m9us  7ii7 ! am\nt ( 
! wages paid to su* individual dur+ su* 
taxable ye>s2 ov]  7,b7 t "p ( ! net    

e>n+s f self-employm5t :i* is 9 excess (
 ! sum (--  7i7 ! excess (--  7,i7 ! net
 e>n+ f self-employm5t r$uc$ by ! excess
 7if any7 ( subp>agraph 7,a77i7 ov]     
subp>agraph 7,a77ii71 ov]  7,,ii7       
#bej1jjj1 r$uc$ by su* contribution &   
b5efit base1 plus  7ii7 ! am\nt ( !     
wages paid to su* individual dur+ su*   
taxable ye> 9 excess ( su* contribution 
& b5efit base & n 9 excess ( #bej1jjj2  
or  4  7b7 ,phase\t ,subsection 7b7 (   
section #adjb ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by add+ at ! end !    
foll[+3 ,p>agraph 7#a7 %all apply only  
to taxable ye>s beg9n+ 9 cal5d> ye>s =  
:i* ! contribution & b5efit base 7z     
det]m9$ "u section #bcj ( ! ,social     
,security ,act7 is less ?an #bej1jjj44  
7c7 ,effective date ,! am5dm5ts made by 
?is section %all apply to net e>n+s f   
self-employm5t d]iv$1 & remun]ation     
paid1 aft] ,decemb] #ca1 #bjac4