,i  #aadth ,,congress  #b;d ,session    
,h4 ,r4 #debi  ,,in ,,the ,,house ,,of  
,,representatives  ,february #aj1 #bjaf 
,mr4 ,murphy of ,florida introduced the 
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend title ,,ii of the     
,social ,security ,act to provide for an
 annual increase in the contribution and
 benefit base1 to exclude a certain     
number of childcare years from the      
benefit computation formula1 and for    
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,social        
,security ,parent ,penalty ,repeal ,act4
  #b4 ,annual increase in contribution  
and benefit base  7a7 ,annual increase  
,section #bcj7;a7 of the ,social        
,security ,act 7#db ,u4,s4,c4 #dcj7;a77 
is amended to read as follows3  7a7 ,the
 ,commissioner shall determine and      
publish in the ,federal ,register on or 
before ,november #a of each calendar    
year the contribution and benefit base  
determined under subsection 7b7 which   

shall be effective with respect to      
remuneration paid after such calendar   
year and taxable years beginning after  
such calendar year4  4  7b7 ,rate of    
annual increase ,section #bcj7;b7 of    
such ,act 7#db ,u4,s4,c4 #dcj7;b77 is   
amended to read as follows3  7b7 7#a7   
,the amount of such contribution and    
benefit base determined under this      
subsection shall be the product of the  
contribution and benefit base in effect 
in the year in which the determination  
is made multiplied by the larger of--   
7,a7 #a1 plus the percentage that is    
equal to twice the annual national      
average wage increase2 or  7,b7 #a4jc1  
with such product1 if not a multiple of 
#cjj1 being rounded to the next higher  
multiple of #cjj where such product is a
 multiple of #aej but not of #cjj and to
 the nearest multiple of #cjj in any    
other case4  7#b7 ,for purposes of this 
subsection1 the term annual national    
average wage increase means the quotient
 7expressed as a percentage7 of-- 7,a7  

the amount by which the national average
 wage index 7as defined in section      
#bji7k77#a77 for the calendar year      
before the calendar year in which the   
determination under subsection 7a7 is   
made exceeds the national average wage  
index 7as so defined7 for the calendar  
year that is #b years before the        
calendar year in which such             
determination is made1 divided by  7,b7 
the national average wage index 7as so  
defined7 for the calendar year that is  
#b years before the calendar year in    
which such determination is made4  4    
7c7 ,conforming and technical amendments
 ,section #bcj of such ,act 7#db        
,u4,s4,c4 #dcj71 as amended by          
subsections 7a7 and 7b71 is further     
amended-- 7#a7 by striking subsection   
7c72  7#b7 by redesignating subsection  
7d7 as subsection 7c72 and  7#c7 in     
subsection 7c7 7as redesignated by      
paragraph 7#b771 by striking ,public    
,law #ic-djf and inserting the ,employee
 ,retirement ,income ,security ,act of  

#aigd4  7d7 ,effective date ,the        
amendments made by this section shall   
apply with respect to renumeration paid1
 and taxable years beginning1 after     
calendar year #bjaf4  #c4 ,exclusion of 
certain childcare years from benefit    
computation formula  7a7 ,in general    
,section #bae7;b77#b7 of the ,social    
,security ,act 7#db ,u4,s4,c4           
#dae7;b77#b77 is amended-- 7#a7 in      
subparagraph 7,a71 by striking ,the     
number and inserting ,subject to        
subparagraph 7,c71 the number2 and  7#b7
 by adding at the end the following3    
7,c7 7i7 ,the number of an individual's 
benefit computation years determined    
under subparagraph 7,a7 shall be further
 reduced 7after application of the      
reduction under such subparagraph7 by   
the number of childcare years of the    
individual 7not exceeding #e71 except   
that not more than #b years may be      
determined to be a childcare year on the
 basis of the individual's status as a  
primary caregiver for the same child4   

7ii7 ,for purposes of this subparagraph1
 the term childcare year means1 with    
respect to an individual1 an elapsed    
year of the individual-- 7,i7 during    
which the individual is the primary     
caregiver for a child under #f years of 
age2 and  7,,ii7 for which the total of 
the individual's wages and              
self-employment income is #j4  4  7b7   
,effective date ,the amendments made by 
subsection 7a7 shall apply with respect 
to the computation or recomputation of a
 primary insurance amount after calendar
 year #bjaf4