,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hbja  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #aa1        
#bjbj,mr4 ,brady 7= himself1 ,mr4       
,m>*ant1 ,mr4 ,scalise1 ,mr4 ,re$1 ,mr4 
,/eube1 ,mr4 ,flores1 ,mr4 ,ku/(f (     
,t5nessee1 ,mr4 ,rice ( ,s\? ,c>ol9a1   
,mr4 ,kev9 ,h]n ( ,oklahoma1 ,mr4       
,w5/rup1 ,mr4 ,arr+ton1 ,mrs4 ,mill]1   
,mr4 ,la,malfa1 ,mr4 ,e/es1 ,mr4        
,smuck]1 ,mr4 ,smi? ( ,nebraska1 ,mr4   
,m>%all1 & ,mr4 ,olson7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to provide a tempor>y employee payroll 
tax holiday4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,support = ,work]s1     
,families1 & ,social ,security ,act4    
#b4 ,tempor>y employee payroll tax      
holiday  7a7 ,9 g5]al ,not)/&+ any o!r  
provision ( law-- 7#a7 ) respect to any 
taxable ye> :i* includes any portion ( !
 payroll tax holiday p]iod1 ! rate ( tax
 "u section #adja7;a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf %all be r$uc$ by !

 applicable numb] ( p]c5tage po9ts      
det]m9$ "u subsection 7d71 &  7#b7 )    
respect to remun]ation receiv$ dur+ !   
payroll tax holiday p]iod1 ! rate ( tax 
"u #caja7;a7 ( su* ,code %all be #j     
p]c5t 7includ+ = purposes ( det]m9+ !   
applicable p]c5tage "u sections         
#cbja7;a7 & #cbaa7;a77#a7 ( su* ,code74 
7b7 ,coord9ation ) d$uctions = employm5t
 taxes  7#a7 ,d$uction 9 comput+ net    
e>n+s f self-employm5t ,= purposes (    
apply+ section #adjb7;a77#ab7 ( !       
,int]nal ,rev5ue ,code ( #aihf1 ! rate (
 tax impos$ by section #adja7;a7 ( su*  
,code %all be det]m9$ )\t reg>d to !    
r$uction 9 su* rate "u ?is section4     
7#b7 ,individual d$uction ,= purposes ( 
det]m9+ ! d$uction all[$ "u section     
#afd7;f7 ( ! ,int]nal ,rev5ue ,code (   
#aihf1 ! taxes impos$ "u section #adja (
 su* ,code %all be treat$ z be+ equal to
 ! am\nt ( su* taxes det]m9$ )\t reg>d  
to ! r$uction 9 ! rate ( tax provid$ "u 
subsection 7a77#a74  7c7 ,payroll tax   
holiday p]iod ,= purposes ( ?is section1

 ! t]m payroll tax holiday p]iod means !
 p]iod beg9n+ on ,septemb] #a1 #bjbj1 & 
end+ on ,decemb] #ca1 #bjbj4  7d7       
,applicable numb] ( p]c5tage po9ts  7#a7
 ,9 g5]al ,= purposes ( subsection      
7a77#a71 ! applicable numb] ( p]c5tage  
po9ts ) respect to any individual = any 
taxable ye> is ! numb] ( p]c5tage po9ts 
t be>s ! same ratio to #f4b p]c5t z--   
7,a7 ! numb] ( days ( ! payroll tax     
holiday p]iod :i* are 9 su* taxable ye>1
 be>s to  7,b7 ! numb] ( days 9 su*     
taxable ye>4  7#b7 ,phase\t bas$ on     
self-employm5t income ,9 ! case ( any   
individual ^: self-employm5t income =   
any taxable ye> exce$s an am\nt equal to
 ! contribution & b5efit base = cal5d>  
ye> #bjbj 7z det]m9$ "u section #bcj ( !
 ,social ,security ,act71 ! applicable  
numb] ( p]c5tage po9ts ) respect to su* 
individual = su* taxable ye> 7det]m9$   
)\t reg>d to ?is p>agraph7 %all be r$uc$
 by an am\nt :i* be>s ! same ratio to   
su* applicable numb] ( p]c5tage po9ts   
z-- 7,a7 su* excess1 be>s to  7,b7      

#fh1hej4  7e7 ,employ] notification ,!  
,secret>y ( ! ,treasury %all notify     
employ]s ( ! payroll tax holiday p]iod 9
 any mann] ! ,secret>y deems            
appropriate4  7f7 ,coord9ation ) o!r    
,f$]al laws ,= purposes ( apply+ any    
provision ( ,f$]al law o!r ?an !        
provisions ( ! ,int]nal ,rev5ue ,code ( 
#aihf1 ! rate ( tax 9 effect "u section 
#caja7;a7 ( su* ,code %all be det]m9$   
)\t reg>d to ! r$uction 9 su* rate "u   
?is section4  #c4 ,protection ( ,social 
,security ,tru/ ,funds  7a7 ,transf]s to
 ,f$]al ,old-,age & ,survivors          
,insurance ,tru/ ,fund ,!re are h]eby   
appropriat$ to ! ,f$]al ,old-,age &     
,survivors ,tru/ ,fund & ! ,f$]al       
,disability ,insurance ,tru/ ,fund      
e/abli%$ "u section #bja ( ! ,social    
,security ,act 7#db ,u4,s4,c4 #dja7     
am\nts equal to ! r$uction 9 rev5ues to 
! ,treasury by reason ( ! application ( 
section #b7;a74 ,am\nts appropriat$ by !
 prec$+ s5t5ce %all be transf]r$ f !    
g5]al fund at su* times & 9 su* mann] z 

to replicate to ! ext5t possible !      
transf]s :i* w\ld h occurr$ to su* ,tru/
 ,fund _h su* am5dm5ts n be5 enact$4    
7b7 ,transf]s to social security        
equival5t b5efit acc\nt ,!re are h]eby  
appropriat$ to ! ,social ,security      
,equival5t ,b5efit ,acc\nt e/abli%$ "u  
section #ae;,a7a7 ( ! ,railroad         
,retirem5t ,act ( #aigd 7#de ,u4,s4,c4  
#bcan-#a7;a77 am\nts equal to ! r$uction
 9 rev5ues to ! ,treasury by reason ( ! 
application ( section #b7;a77#b74       
,am\nts appropriat$ by ! prec$+ s5t5ce  
%all be transf]r$ f ! g5]al fund at su* 
times & 9 su* mann] z to replicate to ! 
ext5t possible ! transf]s :i* w\ld h    
occurr$ to su* ,acc\nt _h su* am5dm5ts n
 be5 enact$4  #d4 ,no effect on ,social 
,security b5efits ,no?+ 9 ?is ,act %all 
h any effect on ! det]m9ation ( any     
b5efit "u title ,,ii ( ! ,social        
,security ,act4