,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #debi  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #aj1 #bjaf   
,mr4 ,murphy ( ,florida introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d title ,,ii ( ! ,social         
,security ,act to provide = an annual   
increase 9 ! contribution & b5efit base1
 to exclude a c]ta9 numb] ( *ildc>e ye>s
 f ! b5efit computation =mula1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,social ,security ,p>5t    
,p5alty ,repeal ,act4  #b4 ,annual      
increase 9 contribution & b5efit base   
7a7 ,annual increase ,section #bcj7;a7 (
 ! ,social ,security ,act 7#db ,u4,s4,c4
 #dcj7;a77 is am5d$ to read z foll[s3   
7a7 ,! ,commission] %all det]m9e &      
publi% 9 ! ,f$]al ,regi/] on or be=e    
,novemb] #a ( ea* cal5d> ye> !          
contribution & b5efit base det]m9$ "u   
subsection 7b7 :i* %all be effective )  
respect to remun]ation paid aft] su*    
cal5d> ye> & taxable ye>s beg9n+ aft]   

su* cal5d> ye>4  4  7b7 ,rate ( annual  
increase ,section #bcj7;b7 ( su* ,act   
7#db ,u4,s4,c4 #dcj7;b77 is am5d$ to    
read z foll[s3  7b7 7#a7 ,! am\nt ( su* 
contribution & b5efit base det]m9$ "u   
?is subsection %all be ! product ( !    
contribution & b5efit base 9 effect 9 ! 
ye> 9 :i* ! det]m9ation is made         
multipli$ by ! l>g] (--  7,a7 #a1 plus !
 p]c5tage t is equal to twice ! annual  
national av]age wage increase2 or  7,b7 
#a4jc1  ) su* product1 if n a multiple (
 #cjj1 be+ r\nd$ to ! next high]        
multiple ( #cjj :]e su* product is a    
multiple ( #aej b n ( #cjj & to ! ne>e/ 
multiple ( #cjj 9 any o!r case4  7#b7 ,=
 purposes ( ?is subsection1 ! t]m annual
 national av]age wage increase means !  
quoti5t 7express$ z a p]c5tage7 (-- 7,a7
 ! am\nt by :i* ! national av]age wage  
index 7z def9$ 9 section #bji7k77#a77 = 
! cal5d> ye> be=e ! cal5d> ye> 9 :i* !  
det]m9ation "u subsection 7a7 is made   
exce$s ! national av]age wage index 7z s
 def9$7 = ! cal5d> ye> t is #b ye>s be=e

 ! cal5d> ye> 9 :i* su* det]m9ation is  
made1 divid$ by  7,b7 ! national av]age 
wage index 7z s def9$7 = ! cal5d> ye> t 
is #b ye>s be=e ! cal5d> ye> 9 :i* su*  
det]m9ation is made4  4  7c7 ,con=m+ &  
te*nical am5dm5ts ,section #bcj ( su*   
,act 7#db ,u4,s4,c4 #dcj71 z am5d$ by   
subsections 7a7 & 7b71 is fur!r am5d$-- 
7#a7 by /rik+ subsection 7c72  7#b7 by  
r$esignat+ subsection 7d7 z subsection  
7c72 &  7#c7 9 subsection 7c7 7z        
r$esignat$ by p>agraph 7#b771 by /rik+  
,public ,law #ic-djf & ins]t+ !         
,employee ,retirem5t ,income ,security  
,act ( #aigd4  7d7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
) respect to r5um]ation paid1 & taxable 
ye>s beg9n+1 aft] cal5d> ye> #bjaf4  #c4
 ,exclusion ( c]ta9 *ildc>e ye>s f      
b5efit computation =mula  7a7 ,9 g5]al  
,section #bae7;b77#b7 ( ! ,social       
,security ,act 7#db ,u4,s4,c4           
#dae7;b77#b77 is am5d$-- 7#a7 9         
subp>agraph 7,a71 by /rik+ ,! numb] &   
ins]t+ ,subject to subp>agraph 7,c71 !  

numb]2 &  7#b7 by add+ at ! end !       
foll[+3  7,c7 7i7 ,! numb] ( an         
individual's b5efit computation ye>s    
det]m9$ "u subp>agraph 7,a7 %all be     
fur!r r$uc$ 7aft] application ( !       
r$uction "u su* subp>agraph7 by ! numb] 
( *ildc>e ye>s ( ! individual 7n exce$+ 
#e71 except t n m ?an #b ye>s may be    
det]m9$ to be a *ildc>e ye> on ! basis (
 ! individual's /atus z a prim>y c>egiv]
 = ! same *ild4  7ii7 ,= purposes ( ?is 
subp>agraph1 ! t]m *ildc>e ye> means1 ) 
respect to an individual1 an elaps$ ye> 
( ! individual-- 7,i7 dur+ :i* !        
individual is ! prim>y c>egiv] = a *ild 
"u #f ye>s ( age2 &  7,,ii7 = :i* !     
total ( ! individual's wages &          
self-employm5t income is #j4  4  7b7    
,effective date ,! am5dm5ts made by     
subsection 7a7 %all apply ) respect to !
 computation or recomputation ( a prim>y
 insurance am\nt aft] cal5d> ye> #bjaf4