,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bbgb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #aj1 #bjai,mr4 
,nadl] 7= himself1 ,mrs4 ,l[ey1 & ,mr4  
,suozzi7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to provide = adju/m5ts 9 
! individual income tax rates to reflect
 regional diff]5ces 9 ! co/-(-liv+4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,tax ,equity ,act ( #bjai4  #b4         
,regional co/-(-liv+ adju/m5ts 9        
individual income tax rates  7a7 ,g5]al 
,rule ,subsection 7f7 ( section #a ( !  
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end !re( ! foll[+ new      
p>agraphs3  7#i7 ,regional co/-(-liv+   
adju/m5ts  7,a7 ,9 g5]al ,9 ! case ( an 
individual1 = taxable ye>s beg9n+ aft]  
#bjai ! rate table o!rwise 9 effect "u  
?is section = any taxable ye> 7det]m9$  
aft] ! application ( p>agraph 7#a77 %all
 be fur!r adju/$ z provid$ 9 subp>agraph
 7,b74  7,b7 ,me?od ( mak+ regional     

adju/m5t ,! rate table o!rwise 9 effect 
"u ?is section ) respect to any         
individual = any taxable ye> %all be    
adju/$ z foll[s3  7i7 ,! m9imum &       
maximum doll> am\nts o!rwise 9 effect = 
ea* rate bracket %all be multipli$ by ! 
applicable multipli] 7= ! cal5d> ye> 9  
:i* ! taxable ye> beg9s7 :i* applies to 
! /ati/ical area 9 :i* ! individual's   
prim>y place ( abode dur+ ! taxable ye> 
is locat$4  7ii7 ,! rate applicable to  
any rate bracket 7z adju/$ by clause    
7i77 %all n be *ang$4  7iii7 ,! am\nt   
sett+ =? ! tax %all be adju/$ to ! ext5t
 necess>y to reflect ! adju/m5ts 9 !    
rate brackets4  ,if any am\nt det]m9$ "u
 clause 7i7 is n a multiple ( #ej1 su*  
am\nt %all be r\nd$ to ! ne>e/ multiple 
( #ej4  7#aj7 ,det]m9ation ( multipli]s 
7,a7 ,9 g5]al ,n lat] ?an ,decemb] #ae (
 ea* cal5d> ye>1 ! ,secret>y %all       
prescribe an applicable multipli] = ea* 
/ati/ical area ( ! ,unit$ ,/ates :i*    
%all apply to taxable ye>s beg9n+ dur+ !
 succe$+ cal5d> ye>4  7,b7 ,det]m9ation 

( multipli]s  7i7 ,= ea* /ati/ical area 
:]e ! co/-(-liv+ diff]5tial = any cal5d>
 ye> is great] ?an #abe p]c5t1 !        
applicable multipli] = su* cal5d> ye> is
 #ij p]c5t ( su* diff]5tial4  7ii7 ,=   
ea* /ati/ical area :]e ! co/-(-liv+     
diff]5tial = any cal5d> ye> exce$s #ig  
p]c5t b does n exce$ #abe p]c5t1 !      
applicable multipli] = su* cal5d> ye> is
 #a4je4  7iii7 ,= ea* /ati/ical area n  
describ$ 9 clause 7i7 or 7ii71 !        
applicable multipli] is ! co/-(-liv+    
diff]5tial = ! cal5d> ye>4  7,c7        
,co/-(-liv+ diff]5tial ,! co/-(-liv+    
diff]5tial = any /ati/ical area = any   
cal5d> ye> is ! p]c5tage det]m9$ by     
divid+--  7i7 ! co/-(-liv+ = su* area = 
! prec$+ cal5d> ye>2 by  7ii7 ! av]age  
co/-(-liv+ = ! ,unit$ ,/ates = ! prec$+ 
cal5d> ye>4  7,d7 ,co/-(-liv+ = area    
7i7 ,9 g5]al ,= cal5d> ye> #bjai & ea*  
cal5d> ye> !reaft]1 ! ,secret>y ( ,labor
 %all det]m9e & publi% a co/-(-liv+     
index = ea* /ati/ical area4  7ii7       
,me?odology ,! co/-(-liv+ index det]m9$ 

"u clause 7i7 = any /ati/ical area = any
 cal5d> ye> %all be bas$ on av]age m>ket
 prices = ! area = ! #ab-mon? p]iod end+
 on ,augu/ #ca ( su* cal5d> ye>4 ,!     
m>ket prices tak5 into acc\nt "u !      
prec$+ s5t5ce %all be select$ & us$ "u !
 same me?odology z is us$ by ! ,secret>y
 ( ,labor 9 develop+ ! ,consum] ,price  
,index = ,all ,urban ,consum]s4  7,e7   
,/ati/ical area ,= purposes ( ?is       
subsection ! t]m /ati/ical area means-- 
7i7 any metropolitan /ati/ical area z   
def9$ by ! ,secret>y ( ,comm]ce1 &  7ii7
 ! portion ( any ,/ate n )9 a           
metropolitan /ati/ical area z s def9$4  
7#aa7 ,areas outside ! unit$ /ates ,!   
area applicable multipli] = any area    
outside ! ,unit$ ,/ates %all be #a4  4  
7b7 ,effective ,date ,! am5dm5t made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjai4