,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bcjb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ab1 #bjai,mr4 
,deut* 7= himself1 ,mr4 ,cicill9e1 ,mr4 
,sablan1 ,ms4 ,kaptur1 ,mr4 ,ha/+s1 ,mr4
 ,s>banes1 ,ms4 ,p+ree1 & ,mr4 ,coh57   
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means1 & 9    
addition to ! ,committees on ,en]gy &   
,comm]ce1 & ,education & ,labor1 = a    
p]iod to be subsequ5tly det]m9$ by !    
,speak]1 9 ea* case = consid]ation ( su*
 provisions z fall )9 ! jurisdiction ( !
 committee conc]n$  ,a ,,bill  ,to am5d 
title ,,ii ( ! ,social ,security ,act & 
! ,int]nal ,rev5ue ,code ( #aihf to make
 improvem5ts 9 ! old-age1 survivors1 &  
disability insurance program1 & to      
provide = ,social ,security b5efit      
protection4  #a4 ,%ort title & table (  
cont5ts  7a7 ,%ort title ,?is ,act may  
be cit$ z ! ,protect+ & ,pres]v+ ,social
 ,security ,act4  7b7 ,table ( cont5ts  
,! table ( cont5ts ( ?is ,act is z      
foll[s3  ,sec4 #a4 ,%ort title & table (

 cont5ts4 ,title ,i--,co/-(-,liv+       
,increases ,sec4 #aja4 ,consum] ,price  
,index = ,eld]ly ,consum]s4 ,sec4 #ajb4 
,computation ( co/-(-liv+ increases4    
,title ,,ii--,contribution & b5efit     
fairness ,sec4 #bja4 ,det]m9ation (     
wages & self-employm5t income above     
contribution & b5efit base aft] #bjai4  
,sec4 #bjb4 ,inclusion ( surplus e>n+s 9
 ,social ,security b5efit =mula4  ,i    
,co/-(-,liv+ ,increases  #aja4 ,consum] 
,price ,index = ,eld]ly ,consum]s  7a7  
,9 ,g5]al ,! ,bureau ( ,labor ,/ati/ics 
( ! ,dep>tm5t ( ,labor %all prep>e &    
publi% an index = ea* cal5d> mon? to be 
kn[n z ! ,consum] ,price ,index =       
,eld]ly ,consum]s t indicates *anges ov]
 "t 9 exp5ditures = consumption :i* are 
typical = individuals 9 ! ,unit$ ,/ates 
:o are #fb ye>s ( age or old]4  7b7     
,effective ,date ,subsection 7a7 %all   
apply ) respect to cal5d> mon?s end+ on 
or aft] ,july #ca ( ! cal5d> ye> foll[+ 
! cal5d> ye> 9 :i* ?is ,act is enact$4  
7c7 ,au?orization ( ,appropriations ,!re

 are au?oriz$ to be appropriat$ su* sums
 z are necess>y to c>ry out ! provisions
 ( ?is section4  #ajb4 ,computation (   
co/-(-liv+ increases  7a7 ,9 g5]al      
,section #bae7;i77#a7 ( ! ,social       
,security ,act 7#db ,u4,s4,c4           
#dae7;i77#a77 is am5d$ by add+ at ! end 
! foll[+ new subp>agraph3  7,h7 ! t]m   
,consum] ,price ,index means ! ,consum] 
,price ,index = ,eld]ly ,consum]s       
7,,cpi-,e1 z publi%$ by ! ,bureau (     
,labor ,/ati/ics ( ! ,dep>tm5t (        
,labor74  4  7b7 ,application to        
pre-#aigi law  7#a7 ,9 g5]al ,section   
#bae7;i77#a7 ( ! ,social ,security ,act 
z 9 effect 9 ,decemb] #aigh1 & z appli$ 
9 c]ta9 cases "u ! provisions ( su* ,act
 z 9 effect aft] ,decemb] #aigh1 is     
am5d$ by add+ at ! end ! foll[+ new     
subp>agraph3  7,d7 ! t]m ,consum] ,price
 ,index means ! ,consum] ,price ,index =
 ,eld]ly ,consum]s 7,,cpi-,e1 z publi%$ 
by ! ,bureau ( ,labor ,/ati/ics ( !     
,dep>tm5t ( ,labor74  4  7#b7 ,con=m+   
am5dm5t ,section #bae7;i77#d7 ( !       

,social ,security ,act 7#db ,u4,s4,c4   
#dae7;i77#d77 is am5d$ by ins]t+ & by   
section #ajb ( ! ,protect+ & ,pres]v+   
,social ,security ,act aft] #aihf4  7c7 
,no effect on adju/m5ts "u o!r laws     
,section #bae7;i7 ( ! ,social ,security 
,act 7#db ,u4,s4,c4 #dae7;i77 is am5d$  
by add+ at ! end ! foll[+3  7#f7 ,any   
provision ( law 7o!r ?an 9 ?is title or 
title ,,xvi7 :i* provides = adju/m5t (  
an am\nt bas$ on a *ange 9 b5efit am\nts
 result+ f a det]m9ation made "u ?is    
subsection %all be appli$ & adm9i/]$ )\t
 reg>d to ! am5dm5ts made by section    
#ajb ( ! ,protect+ & ,pres]v+ ,social   
,security ,act4  4  7d7 ,no effect on   
eligibility = ,,ssi & ,m$icaid ,any     
increase to an individual's mon?ly      
b5efit am\nt "u title ,,ii ( ! ,social  
,security ,act z a result ( ! am5dm5ts  
made by ?is section %all n be reg>d$ z  
income or res\rces = any subsequ5t mon?1
 = purposes ( det]m9+ ! eligibility ( ! 
recipi5t 7or ! recipi5t's sp\se or      
family7 = b5efits or assi/ance1 or !    

am\nt or ext5t ( b5efits or assi/ance1  
"u ! ,supplem5tal ,security ,income     
program or ! ,m$icaid program4  7e7     
,effective date ,! am5dm5ts made by ?is 
section %all apply to det]m9ations made 
) respect to co/-(-liv+ computation     
qu>t]s 7z def9$ 9 section               
#bae7;i77#a77;,b7 ( ! ,social ,security 
,act 7#db ,u4,s4,c4 #dae7;i77#a77;,b777 
end+ on or aft] ,septemb] #cj ( ! second
 cal5d> ye> foll[+ ! cal5d> ye> 9 :i*   
?is ,act is enact$4  ,,ii ,contribution 
& b5efit fairness  #bja4 ,det]m9ation ( 
wages & self-employm5t income above     
contribution & b5efit base aft] #bjai   
7a7 ,det]m9ation ( wages above          
contribution & b5efit base aft] #bjai   
7#a7 ,am5dm5ts to ! ,int]nal ,rev5ue    
,code ( #aihf ,section #caba ( !        
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7,a7 9 subsection 7a77#a71 by   
ins]t+ ! applicable p]c5tage 7det]m9$ "u
 subsection 7c77#a77 ( be=e t "p ( !    
remun]ation2 &  7,b7 9 subsection 7c71  
by /rik+ 7c7 ,includ$ & exclud$         

s]vice4--,= purposes ( ?is *apt]1 if &  
ins]t+ ! foll[+3  7c7 ,special rules =  
wages & employm5t  7#a7 ,applicable     
p]c5tage ( remun]ation 9 det]m9+ wages  
,= purposes ( p>agraph 7#a7 ( subsection
 7a71 ! applicable p]c5tage = a cal5d>  
ye>1 9 connection ) any cal5d> ye>      
ref]r$ to 9 su* subp>agraph1 %all be !  
p]c5tage det]m9$ 9 accordance ) ! foll[+
 table3  ,! applicable ,9 ! case        
(3p]c5tage is3  ,cal5d> ye> #bjbjhf     
,cal5d> ye> #bjbaga ,cal5d> ye> #bjbbeg 
,cal5d> ye> #bjbcdc ,cal5d> ye> #bjbdbi 
,cal5d> ye> #bjbead ,cal5d> ye>s aft]   
#bjbej4  7#b7 ,includ$ & exclud$ s]vice 
,= purposes ( ?is *apt]1 if  4  7#b7    
,am5dm5ts to ! ,social ,security ,act   
,section #bji ( ! ,social ,security ,act
 7#db ,u4,s4,c4 #dji7 is am5d$--  7,a7 9
 subsection 7a77#a7-- 7i7 9 subp>agraph 
7,i7--  7,i7 by ins]t+ & be=e #bjbj aft]
 #aigd2 &  7,,ii7 by ins]t+ & aft] !    
semicolon2 &  7ii7 by add+ at ! end !   
foll[+ new subp>agraph3  7,j7 ,!        
applicable p]c5tage 7det]m9$ "u         

subsection 7l77 ( t "p ( remun]ation    
:i*1 aft] remun]ation 7o!r ?an          
remun]ation ref]r$ to 9 ! succe$+       
subsections ( ?is section7 equal to !   
contribution & b5efit base 7det]m9$ "u  
section #bcj7 ) respect to employm5t has
 be5 paid to an individual dur+ any     
cal5d> ye> aft] #bjai ) respect to :i*  
su* contribution & b5efit base is       
effective1 is paid to su* individual    
dur+ su* cal5d> ye>2  2 &  7,b7 by add+ 
at ! end ! foll[+ new subsection3  7l7  
,= purposes ( subp>agraph 7,j7 (        
subsection 7a77#a71 ! applicable        
p]c5tage = a cal5d> ye>1 9 connection ) 
any cal5d> ye> ref]r$ to 9 su*          
subp>agraph1 %all be ! p]c5tage det]m9$ 
9 accordance ) ! foll[+ table3  ,!      
applicable ,9 ! case (3p]c5tage is3     
,cal5d> ye> #bjbjhf ,cal5d> ye> #bjbaga 
,cal5d> ye> #bjbbeg ,cal5d> ye> #bjbcdc 
,cal5d> ye> #bjbdbi ,cal5d> ye> #bjbead 
,cal5d> ye>s aft] #bjbej4  4  7#c7      
,effective date ,! am5dm5ts made by ?is 
subsection %all apply ) respect to      

remun]ation paid 9 cal5d> ye>s aft]     
#bjai4  7b7 ,det]m9ation (              
self-,employm5t income above            
contribution & b5efit base aft] #bjai   
7#a7 ,am5dm5ts to ! ,int]nal ,rev5ue    
,code ( #aihf ,section #adjb ( !        
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7,a7 9 subsection 7b77#a71 by   
ins]t+ an am\nt equal to ! applicable   
p]c5tage 7z det]m9$ "u subsection       
7d77#b77 ( be=e t "p ( ! net e>n+s f    
self-employm5t2 &  7,b7 9 subsection    
7d7-- 7i7 by /rik+ 7d7 ,employee &      
wages4--,! t]m & ins]t+ ! foll[+3  7d7  
,rules & def9itions  7#a7 ,employee &   
wages ,! t]m  2 &  7ii7 by add+ at ! end
 ! foll[+3  7#b7 ,applicable p]c5tage ( 
net e>n+s f self-employm5t 9 det]m9+    
self-employm5t income ,= purposes (     
p>agraph 7#a7 ( subsection 7b71 !       
applicable p]c5tage = a taxable ye>     
beg9n+ 9 any cal5d> ye> ref]r$ to 9 su* 
p>agraph %all be ! p]c5tage det]m9$ 9   
accordance ) ! foll[+ table3  ,!        
applicable ,9 ! case (3p]c5tage is3     

,cal5d> ye> #bjbjhf ,cal5d> ye> #bjbaga 
,cal5d> ye> #bjbbeg ,cal5d> ye> #bjbcdc 
,cal5d> ye> #bjbdbi ,cal5d> ye> #bjbead 
,cal5d> ye>s aft] #bjbej4  4  7#b7      
,am5dm5ts to ! ,social ,security ,act   
,section #baa ( ! ,social ,security ,act
 7#db ,u4,s4,c4 #daa7 is am5d$-- 7,a7 9 
subsection 7b7--  7i7 9 p>agraph        
7#a77;,i7-- 7,i7 by /rik+ or aft] !     
semicolon2 &  7,,ii7 by ins]t+ & be=e   
#bjbj aft] #aigd2  7ii7 by r$esignat+   
p>agraph 7#b7 z p>agraph 7#c72 &  7iii7 
by ins]t+ aft] p>agraph 7#a7 ! foll[+   
new p>agraph3  7#b7 ,= any taxable ye>  
beg9n+ 9 any cal5d> ye> aft] #bjai1 an  
am\nt equal to ! applicable p]c5tage 7z 
det]m9$ "u subsection 7l77 ( t "p ( net 
e>n+s f self-employm5t :i* is 9 excess (
 7,a7 an am\nt equal to ! contribution &
 b5efit base 7det]m9$ "u section #bcj7 t
 is effective = su* cal5d> ye>1 m9us    
7,b7 ! am\nt ( ! wages paid to su*      
individual dur+ su* taxable ye>2 or  2 &
  7,b7 by add+ at ! end ! foll[+3  7l7  
,= purposes ( p>agraph 7#b7 ( subsection

 7b71 ! applicable p]c5tage = a taxable 
ye> beg9n+ 9 any cal5d> ye> ref]r$ to 9 
su* p>agraph1 %all be ! p]c5tage det]m9$
 9 accordance ) ! foll[+ table3  ,!     
applicable ,9 ! case (3p]c5tage is3     
,cal5d> ye> #bjbjhf ,cal5d> ye> #bjbaga 
,cal5d> ye> #bjbbeg ,cal5d> ye> #bjbcdc 
,cal5d> ye> #bjbdbi ,cal5d> ye> #bjbead 
,cal5d> ye>s aft] #bjbej4  4  7#c7      
,effective date ,! am5dm5ts made by ?is 
subsection %all apply ) respect to      
taxable ye>s beg9n+ dur+ or aft] cal5d> 
ye> #bjbj4  #bjb4 ,inclusion ( surplus  
e>n+s 9 ,social ,security b5efit =mula  
7a7 ,inclusion ( surplus av]age index$  
mon?ly e>n+s 9 det]m9ation ( prim>y     
insurance am\nts  7#a7 ,9 g5]al ,section
 #bae7;a77#a77;,a7 ( ! ,social ,security
 ,act 7#db ,u4,s4,c4 #dae7;a77#a77;,a77 
is am5d$-- 7,a7 9 clauses 7i71 7ii71 &  
7iii71 by ins]t+ basic be=e av]age      
index$ mon?ly e>n+s ea* place x appe>s2 
7,b7 9 clause 7ii71 by /rik+ & at ! end2
 &  7,c7 by ins]t+ aft] clause 7iii7 !  
foll[+ new clauses3  7iv7 #c p]c5t ( !  

individual's surplus av]age index$      
mon?ly e>n+s to ! ext5t su* surplus     
av]age index$ mon?ly e>n+s d n exce$ !  
excess ( ! am\nt e/abli%$ = purposes (  
?is clause by subp>agraph 7,b7 ov]      
#a_/ab ( ! contribution & b5efit base = 
! la/ ( su* individual's computation    
base ye>s1 &  7v7 #j4be p]c5t ( ! sum ( 
! individual's surplus av]age index$    
mon?ly e>n+s plus #a_/ab ( !            
contribution & b5efit base = ! la/ ( su*
 individual's computation base ye>s1 to 
! ext5t su* sum exce$s ! am\nt e/abli%$ 
= purposes ( clause 7iv7 by subp>agraph 
7,b74  4  7#b7 ,b5d po9t = surplus e>n+s
 ,section #bae7;a77#a77;,b7 ( su* ,act  
7#db ,u4,s4,c4 #dae7;a77#a77;,b77 is    
am5d$-- 7,a7 9 clause 7ii71 by /rik+ !  
am\nts s e/abli%$ & ins]t+ ! am\nts     
e/abli%$ = purposes ( clauses 7i7 & 7ii7
 ( subp>agraph 7,a72  7,b7 by r$esignat+
 clause 7iii7 z clause 7v72  7,c7 9     
clause 7v7 7z r$esignat$71 by ins]t+ or 
7iv7 aft] clause 7ii72 &  7,d7 by ins]t+
 aft] clause 7ii7 ! foll[+ new clauses3 

7iii7 ,= individuals :o initially become
 eligible = old-age or disability       
insurance b5efits1 or :o die 7be=e      
becom+ eligible = su* b5efits71 9 !     
cal5d> ye> #bjbj1 ! am\nt e/abli%$ =    
purposes ( clause 7iv7 ( subp>agraph    
7,a7 %all be #aj1acc4  7iv7 ,=          
individuals :o initially become eligible
 = old-age or disability insurance      
b5efits1 or :o die 7be=e becom+ eligible
 = su* b5efits71 9 any cal5d> ye> aft]  
#bjbj1 ! am\nt e/abli%$ = purposes (    
clause 7iv7 ( subp>agraph 7,a7 %all     
equal ! product ( ! am\nt e/abli%$ )    
respect to ! cal5d> ye> #bjbj "u clause 
7iii7 ( ?is subp>agraph & ! quoti5t     
obta9$ by divid+--  7,i7 ! national     
av]age wage index 7z def9$ 9 section    
#bji7k77#a77 = ! second cal5d> ye>      
prec$+ ! cal5d> ye> = :i* ! det]m9ation 
is made1 by  7,,ii7 ! national av]age   
wage index 7z s def9$7 = #bjah4  4  7b7 
,basic ,,aime & surplus ,,aime  7#a7    
,basic ,,aime ,section #bae7;b77#a7 (   
su* ,act 7#db ,u4,s4,c4 #dae7;b77#a77 is

 am5d$--  7,a7 by ins]t+ basic be=e     
av]age2 &  7,b7 9 subp>agraph 7,a71 by  
/rik+ p>agraph 7#c7 & ins]t+ p>agraph   
7#c77;,a7 & by ins]t+ be=e ! comma !    
foll[+3 to ! ext5t su* total does n     
exce$ ! contribution & b5efit base = !  
applicable ye>4  7#b7 ,surplus ,,aime   
7,a7 ,9 g5]al ,section #bae7;b77#a7 (   
su* ,act 7z am5d$ by p>agraph 7#a77 is  
am5d$-- 7i7 by r$esignat+ subp>agraphs  
7,a7 & 7,b7 z clauses 7i7 & 7ii71       
respectively2  7ii7 by ins]t+ 7,a7 aft] 
7b77#a72 &  7iii7 by add+ at ! end !    
foll[+ new subp>agraph3  7,b7  7i7 ,an  
individual's surplus av]age index$      
mon?ly e>n+s %all be equal to ! quoti5t 
obta9$ by divid+--  7,i7 ! total 7aft]  
adju/m5t "u p>agraph 7#c77;,b77 ( su*   
individual's surplus e>n+s 7det]m9$ "u  
clause 7ii77 = su* individual's b5efit  
computation ye>s 7det]m9$ "u p>agraph   
7#b771 by  7,,ii7 ! numb] ( mon?s 9 ^?  
ye>s4  7ii7 ,= purposes ( clause 7i7 &  
p>agraph 7#c77;,b71 an individual's     
surplus e>n+s = a b5efit computation ye>

 are ! total ( su* individual's wages   
paid 9 & self-employm5t income cr$it$ to
 su* b5efit computation ye>1 to ! ext5t 
su* total 7be=e adju/m5t "u p>agraph    
7#c77;,b77 exce$s ! contribution &      
b5efit base = su* ye>4  4  7,b7 ,con=m+ 
am5dm5t ,! head+ = section #bae7;b7 (   
su* ,act is am5d$ by /rik+ ,av]age      
,index$ ,mon?ly ,e>n+s & ins]t+ ,basic  
,av]age ,index$ ,mon?ly ,e>n+s2 ,surplus
 ,av]age ,index$ ,mon?ly ,e>n+s4  7#c7  
,adju/m5t ( surplus e>n+s = purposes (  
det]m9+ surplus ,,aime ,section         
#bae7;b77#c7 ( su* ,act 7#db ,u4,s4,c4  
#dae7;b77#c77 is am5d$--  7,a7 9        
subp>agraph 7,a71 by /rik+ subp>agraph  
7,b7 & ins]t+ subp>agraph 7,c7 & by     
ins]t+ & det]m9ation ( basic av]age     
index$ mon?ly income aft] p>agraph 7#b72
  7,b7 by r$esignat+ subp>agraph 7,b7 z 
subp>agraph 7,c72 &  7,c7 by ins]t+ aft]
 subp>agraph 7,a7 ! foll[+ new          
subp>agraph3  7,b7 ,= purposes ( det]m9+
 "u p>agraph 7#a77;,b7 an individual's  
surplus av]age index$ mon?ly e>n+s1 !   

individual's surplus e>n+s 7describ$ 9  
p>agraph 7#b77;,b77ii77 = a b5efit      
computation ye> %all be deem$ to be     
equal to ! product (--  7i7 !           
individual's surplus e>n+s = su* ye> 7z 
det]m9$ )\t reg>d to ?is subp>agraph71 &
  7ii7 ! quoti5t describ$ 9 subp>agraph 
7,a77ii74  4  7c7 ,effective date ,!    
am5dm5ts made by ?is section %all apply 
) respect to individuals :o initially   
become eligible 7)9 ! mean+ ( section   
#bae7;a77#c77;,b7 ( ! ,social ,security 
,act7 = old-age or disability insurance 
b5efits "u title ,,ii ( ! ,social       
,security ,act1 or :o die 7be=e becom+  
eligible = su* b5efits71 9 any cal5d>   
ye> aft] #bjai4