,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #dehc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #f1 #bjad ,ms4   
,tsongas 7= h]self1 ,mr4 ,petri1 ,mr4   
,ellison1 ,mr4 ,langev91 ,ms4 ,s*w>tz1  
,mr4 ,mc,govern1 ,mr4 ,eny>t1 ,mr4      
,o',r\rke1 & ,ms4 ,%ea-,port]7 introduc$
 ! foll[+ bill2 :i* 0 ref]r$ to !       
,committee on ,ways & ,means  ,a ,,bill 
,to modify c]ta9 requirem5ts = c\ntable 
res\rces & income "u ! ,supplem5tal     
,security ,income program1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,,ssi ,sav]s ,act ( #bjad4 
#b4 ,increase 9 res\rce limits2         
inflation adju/m5t  7a7 ,increase 9     
res\rce limits ,section #afaa7;a77#c7 ( 
! ,social ,security ,act 7#db ,u4,s4,c4 
#achb7;a77#c77 is am5d$--  7#a7 9       
subp>agraph 7,a7--  7,a7 by /rik+ & !   
la/ place x appe>s2 &  7,b7 by ins]t+ 1 
& to #h1bej on ,janu>y #a ( ! fir/      
cal5d> ye> t beg9s aft] ! date ( !      
enactm5t ( ! ,,ssi ,sav]s ,act ( #bjad  
be=e ! p]iod2 &  7#b7 9 subp>agraph     

7,b7--  7,a7 by /rik+ & ! la/ place x   
appe>s2 &  7,b7 by ins]t+ 1 & to #e1ejj 
on ,janu>y #a ( ! fir/ cal5d> ye> t     
beg9s aft] ! date ( ! enactm5t ( ! ,,ssi
 ,sav]s ,act ( #bjad be=e ! p]iod4  7b7 
,inflation adju/m5t ,section            
#afaa7;a77#c7 ( su* ,act 7#db ,u4,s4,c4 
#achb7;a77#c77 is am5d$ by add+ at ! end
 ! foll[+3  7,c7 ,adju/m5t = inflation  
7i7 ,9 g5]al ,:5ev] doll> am\nts 9      
effect "u p>agraphs 7#a77;,a7 &         
7#b77;,a7 ( ?is subsection are increas$ 
by a p]c5tage "u section #afag1 ea* ( ! 
doll> am\nts 9 effect "u ?is p>agraph   
%all be increas$ by ! same p]c5tage1 &  
r\nd$ to ! close/ multiple ( #ajj4  7ii7
 ,requirem5t ,ea* adju/m5t "u clause 7i7
 %all be bas$ on ! unr\nd$ am\nt = !    
prior #ab-mon? p]iod4  4  #c4 ,limit$   
exclusion f res\rces ( c]ta9 def]r$     
comp5sation & education sav+s           
arrangem5ts ,section #afac ( ! ,social  
,security ,act 7#db ,u4,s4,c4 #achb;b7  
is am5d$--  7#a7 9 subsection 7a7--     
7,a7 9 p>agraph 7#af71 by /rik+ & at !  

end2  7,b7 9 p>agraph 7#ag71 by /rik+ ! 
p]iod & ins]t+ a semicolon2 &  7,c7 by  
ins]t+ aft] p>agraph 7#ag7 ! foll[+3    
7#ah7 if ! individual is n describ$ 9   
section #afaa7;e77#a77;,b7 ( ?is ,act1 !
 value ( any assets 9 a plan1 contract1 
or acc\nt1 annuity1 or tru/ describ$ 9  
section #dja7;a71 #djc7;a71 #djc7;b71   
#djh1 #djh;,a1 #dad7;d71 #deg7;b71 or   
#eja7;c77#ah7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf1 any retirem5t program or      
acc\nt includ$ 9 any successor or simil>
 provision t may be enact$ & det]m9$ to 
be exempt f tax "u ! ,int]nal ,rev5ue   
,code ( #aihf1 & any o!r retirem5t plan1
 contract1 acc\nt1 annuity1 or tru/1 z  
det]m9$ 9 ! sole discretion ( !         
,commission]1 except t if ! individual  
has atta9$ #fe ye>s ( age1 ! total am\nt
 exclud$ "u ?is p>agraph %all n exce$-- 
7,a7 #ed1jjj 7or1 if great]1 ! am\nt    
det]m9$ "u subsection 7f7 ( ?is section7
 if ! individual does n h an eligible   
sp\se2 or  7,b7 #hj1gej 7or1 if great]1 
! am\nt det]m9$ "u su* subsection 7f77  

if ! individual has an eligible sp\se2 &
  7#ai7 if ! individual has n atta9$ #fe
 ye>s ( age1 ! value (--  7,a7 any funds
 9 a qualifi$ tuition program 7z def9$ 9
 section #ebi ( ! ,int]nal ,rev5ue ,code
 ( #aihf7 or 9 a ,cov]dell education    
sav+s acc\nt 7z def9$ 9 section #ecj (  
su* ,code72  7,b7 any o!r education     
program1 contract1 or acc\nt1 z det]m9$ 
9 ! sole discretion ( ! ,commission]2 & 
7,c7 any individual developm5t acc\nt   
e/abli%$ pursuant to ! ,assets =        
,indep5d5ce ,act or section #ccc;,b ( ! 
,consolidat$ ,f>m & ,rural ,developm5t  
,act1 or "u an individual developm5t    
acc\nt program fund$ & adm9i/]$ by a    
,f$]al or ,/ate ag5cy or by an          
organization describ$ 9 section         
#eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code 
( #aihf & exempt f taxation "u section  
#eja7;a7 ( su* ,code1 z det]m9$ 9 ! sole
 discretion ( ! ,commission]4  2 &  7#b7
 by add+ at ! end ! foll[+3  7f7        
,adju/m5t = inflation  7#a7 ,9 g5]al    
,:5ev] doll> am\nts 9 effect "u         

p>agraphs 7#a77;,a7 & 7#b77;,a7 (       
section #afaa7;a7 are increas$ by a     
p]c5tage "u section #afag1 ea* ( ! doll>
 am\nts 9 effect "u subsection 7a77#ah7 
( ?is section %all be increas$ by ! same
 p]c5tage1 & r\nd$ to ! close/ multiple 
( #ajj4  7#b7 ,requirem5t ,ea* adju/m5t 
"u p>agraph 7#a7 %all be bas$ on !      
unr\nd$ am\nt = ! prior #ab-mon? p]iod4 
4  #d4 ,income rules applicable to c]ta9
 def]r$ comp5sation arrangem5ts  7a7    
,imputation ( income 9 c]ta9 cases      
,section #afab ( ! ,social ,security    
,act 7#db ,u4,s4,c4 #achb;a7 is am5d$ by
 add+ at ! end ! foll[+3  7c7           
,imputation ( income f c]ta9 def]r$     
comp5sation arrangem5ts  7#a7 ,if !     
aggregate value ( ! assets describ$ 9   
section #afac7;a77#ah7 ( an eligible    
individual :o has atta9$ #fe ye>s ( age 
& is n describ$ 9 section               
#afaa7;e77#a77;,b7 exce$s--  7,a7       
#aj1gej 7or1 if great]1 ! am\nt det]m9$ 
"u p>agraph 7#b7 ( ?is subsection7 if ! 
individual does n h an eligible sp\se2  

or  7,b7 #af1bej 7or1 if great]1 ! am\nt
 det]m9$ "u su* p>agraph 7#b77 if !     
individual has an eligible sp\se1  b    
does n exce$ ! doll> am\nt 9 effect )   
respect to ! individual "u section      
#afac7;a77#ah71 ! assets %all be        
consid]$ income 9 an am\nt equal to !   
annuity value ( ! assets 7z det]m9$ "u  
regulations ( ! ,commission] ( ,social  
,security74  7#b7  7,a7 ,:5ev] doll>    
am\nts 9 effect "u p>agraphs 7#a77;,a7 &
 7#b77;,a7 ( section #afaa7;a7 are      
increas$ by a p]c5tage "u section #afag1
 ea* ( ! doll> am\nts 9 effect "u       
p>agraph 7#a7 ( ?is subsection %all be  
increas$ by ! same p]c5tage1 & r\nd$ to 
! close/ multiple ( #ajj4  7,b7 ,ea*    
adju/m5t "u p>agraph 7#a7 %all be bas$  
on ! unr\nd$ am\nt = ! prior #ab-mon?   
p]iod4  4  7b7 ,exclusion ( "o-,?ird (  
di/ributions ,section #afab7;b7 ( su*   
,act 7#db ,u4,s4,c4 #achb;a7b77 is      
am5d$--  7#a7 by /rik+ & at ! end (     
p>agraph 7#be72  7#b7 by /rik+ ! p]iod  
at ! end ( p>agraph 7#bf7 & ins]t+ 2 &2 

&  7#c7 by add+ at ! end ! foll[+3      
7#bg7 "o-?ird ( ! value ( any assets    
describ$ 9 section #afac7;a77#ah7       
di/ribut$ to su* individual 7or su*     
sp\se74  4  #e4 ,elim9ation ( requirem5t
 t ,,ssi recipi5ts apply = p]iodic      
paym5ts f c]ta9 def]r$ comp5sation      
arrangem5ts ,section #afaa7;e77#b7 ( !  
,social ,security ,act 7#db ,u4,s4,c4   
#achb7;e77#b77 is am5d$ by ins]t+ 7o!r  
?an paym5ts f a plan1 contract1 acc\nt1 
annuity1 or tru/ ref]r$ to 9 section    
#afac7;a77#ah77 aft] section            
#afab7;a77#b77;,b74  #f4 ,effective date
 ,! am5dm5ts made by ?is ,act %all apply
 to b5efits = cal5d> mon?s beg9n+ aft] !
 date ( ! enactm5t ( ?is ,act4