,,ii #aafth ,,congress #ast ,session ,s4 #aiej ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #be1 #bjai,mr4 ,van ,hollen introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to return the estate1 gift1 and generation skipping transfer tax to #bjji levels1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,strengthen ,social ,security by ,taxing ,dynastic ,wealth ,act4 #b4 ,estate and gift tax returned to #bjji levels 7a7 ,estate tax 7#a7 ,rate schedule ,the table contained in section #bjja7;c7 of the ,internal ,revenue ,code of #aihf is amended by striking the last row and inserting the following3 ,over #a1jjj1jjj but not over #a1bej1jjjcde1hjj1 plus #da percent of the excess of such amount over #a1jjj1jjj4,over #a1bej1jjj but not over #a1ejj1jjjddh1cjj1 plus #dc percent of the excess of such amount over #a1bej1jjj4,over #a1ejj1jjjeee1hjj1 plus #de percent of the excess of such amount over #a1ejj1jjj4 7#b7 ,reduction of basic exclusion amount ,paragraph 7#c7 of section #bjaj7;c7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7#c7 ,basic exclusion amount ,for purposes of this subsection1 the basic exclusion amount is #c1ejj1jjj4 4 7b7 ,gift tax 7#a7 ,limitation on basic exclusion amount for purposes of determining applicable credit amount ,paragraph 7#a7 of section #beje7;a7 of the ,internal ,revenue ,code of #aihf is amended by inserting 7determined as if the basic exclusion amount were #a1jjj1jjj and the deceased spousal unused exclusion amount was modified under subsection 7d77 after calendar year4 7#b7 ,modification of deceased spousal unused exclusion amount ,section #beje of such ,code is amended by adding at the end the following3 7d7 ,modification of deceased spousal unused exclusion amount ,in the case of a surviving spouse who is the last spouse of the decedent with respect to whom an election is made under section #bjaj7;c77#e71 the deceased spousal unused exclusion amount with respect to such surviving spouse shall be determined as if such amount were the lesser of-- 7#a7 #a1jjj1jjj1 and 7#b7 applicable exclusion amount of the decedent reduced by the amount with respect to which the tentative tax is determined under section #bjja7;b77#a7 on the estate of the decedent4 4 7c7 ,effective date ,the amendments made by this section shall apply to estates of decedents dying and gifts made after ,december #ca1 #bjai4 #c4 ,transfer of estate and gift tax revenue to combined ,social ,security ,trust ,fund 7a7 ,in general ,section #bja7;a7 of the ,social ,security ,act 7#db ,u4,s4,c4 #dja7;a77 is amended to read as follows3 7a7 ,there is hereby created on the books of the ,treasury of the ,united ,states a trust fund to be known as the ,social ,security ,trust ,fund4 ,the ,social ,security ,trust ,fund shall consist of the securities held by the ,secretary of the ,treasury for the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and the amount standing to the credit of the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund on the books of the ,treasury on ,january #a1 #bjbj1 which securities and amount the ,secretary of the ,treasury is authorized and directed to transfer to the ,social ,security ,trust ,fund1 and1 in addition1 such gifts and bequests as may be made as provided in subsection 7i77#a71 and such amounts as may be appropriated to1 or deposited in1 the ,social ,security ,trust ,fund as hereinafter provided4 ,there is hereby appropriated to the ,social ,security ,trust ,fund for the first fiscal year that begins after ,january #a1 #bjbj1 and for each fiscal year thereafter1 out of any moneys in the ,treasury not otherwise appropriated1 amounts equivalent to #ajj percent of-- 7#a7 the taxes imposed by chapter #ba 7other than sections #caja7;b7 and #caaa7;b77 of the ,internal ,revenue ,code of #aihf with respect to wages 7as defined in section #caba of such ,code7 reported to the ,secretary of the ,treasury pursuant to subtitle ,f of the ,internal ,revenue ,code of #aihf1 as determined by the ,secretary of the ,treasury by applying the applicable rates of tax under such chapter 7other than sections #caja7;b7 and #caaa7;b77 to such wages1 which wages shall be certified by the ,commissioner of ,social ,security on the basis of the records of wages established and maintained by such ,commissioner in accordance with such reports2 7#b7 the taxes imposed by chapter #b 7other than section #adja7;b77 of the ,internal ,revenue ,code of #aihf with respect to self-employment income 7as defined in section #adjb of such ,code7 reported to the ,secretary of the ,treasury on tax returns under subtitle ,f of such ,code1 as determined by the ,secretary of the ,treasury by applying the applicable rate of tax under such chapter 7other than section #adja7;b77 to such self-employment income1 which self-employment income shall be certified by the ,commissioner of ,social ,security on the basis of the records of self-employment income established and maintained by the ,commissioner of ,social ,security in accordance with such returns2 and 7#c7 the taxes imposed by subtitle ,b of the ,internal ,revenue ,code of #aihf1 as determined by the ,secretary of the ,treasury on the basis of tax returns under subpart ,c of part ,,ii of subchapter ,a of chapter #fa of subtitle ,f of such ,code4 ,the amounts appropriated by paragraphs 7#a71 7#b71 and 7#c7 shall be transferred from time to time from the general fund in the ,treasury to the ,social ,security ,trust ,fund1 such amounts to be determined on the basis of estimates by the ,secretary of the ,treasury of the taxes1 specified in such paragraphs1 paid to or deposited into the ,treasury2 and proper adjustments shall be made in amounts subsequently transferred to the extent prior estimates were in excess of or were less than the taxes specified in such paragraphs4 ,all amounts transferred to the ,social ,security ,trust ,fund under the preceding sentence shall be invested by the ,managing ,trustee in the same manner and to the same extent as the other assets of the ,trust ,fund4 ,notwithstanding the preceding sentence1 in any case in which the ,secretary of the ,treasury determines that the assets of the ,trust ,fund would otherwise be inadequate to meet the ,trust ,fund's obligations for any month1 the ,secretary of the ,treasury shall transfer to the ,trust ,fund on the first day of such month the total amount which would have been transferred to the ,trust ,fund under this section as in effect on ,october #a1 #aiij2 and the ,trust ,fund shall pay interest to the general fund on the amount so transferred on the first day of any month at a rate 7calculated on a daily basis1 and applied against the difference between the amount so transferred on such first day and the amount which would have been transferred to the ,trust ,fund up to that day under the procedures in effect on ,january #a1 #aihc7 equal to the rate earned by the investments of the ,trust ,fund in the same month under subsection 7d74 4 7b7 ,required actuarial analysis ,section #bja7;c7 of the ,social ,security ,act is amended by striking the fourth sentence in the matter following paragraph 7#e7 and inserting the following3 ,such report shall also include actuarial analysis of the benefit cost with respect to disabled beneficiaries and their auxiliaries1 to retired beneficiaries and their auxiliaries1 and to survivor beneficiaries44 7c7 ,board of ,trustees 7#a7 ,board of ,trustees of ,social ,security ,trust ,fund ,section #bja7;c7 of the ,social ,security ,act1 as amended by subsection 7b7 of this section1 is further amended in the matter preceding paragraph 7#a7 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund 7hereinafter in this title called the ,trust ,funds7 and inserting the ,social ,security ,trust ,fund 7in this title referred to as the ,trust ,fund74 7#b7 ,continuity of ,board of ,trustees ,the ,board of ,trustees of the ,social ,security ,trust ,fund created by the amendment made by subsection 7a7 shall be a continuous body with the ,board of ,trustees of the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund in operation prior to the effective date of such amendment4 ,individuals serving as members of the ,board of ,trustees of the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund as of the effective date of such amendment shall serve the remainder of their term as members of the ,board of ,trustees of the ,social ,security ,trust ,fund4 7d7 ,conforming amendments related to ,social ,security ,trust ,fund 7#a7 ,amendment to section heading ,the section heading for section #bja of the ,social ,security ,act is amended to read as follows3 ,social ,security ,trust ,fund4 7#b7 ,board of ,trustees ,section #bja7;c7 of such ,act1 as amended by subsections 7b7 and 7c77#a71 is further amended-- 7,a7 in the matter preceding paragraph 7#a71 by striking ,board of ,trustees of the ,trust ,funds and inserting ,board of ,trustees of the ,trust ,fund2 7,b7 in paragraph 7#a71 by striking ,trust ,funds and inserting ,trust ,fund2 7,c7 in paragraph 7#b7-- 7i7 by striking ,trust ,funds and inserting ,trust ,fund2 and 7ii7 by striking their and inserting its2 7,d7 in paragraph 7#c71 by striking either of the ,trust ,funds and inserting the ,trust ,fund2 7,e7 in paragraph 7#e7-- 7i7 by striking managing the ,trust ,funds and inserting managing the ,trust ,fund2 and 7ii7 by striking ,trust ,funds are and inserting ,trust ,fund is2 7,f7 in the matter following paragraph 7#e71 by striking ,trust ,funds each place it appears and inserting ,trust ,fund2 and 7,g7 in the second sentence in the matter following paragraph 7#e71 by striking whether the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund1 individually and collectively1 are and inserting whether the ,social ,security ,trust ,fund is4 7#c7 ,investments ,section #bja of such ,act is amended in subsections 7d7 and 7e7 by striking ,trust ,funds each place it appears and inserting ,trust ,fund4 7#d7 ,crediting of interest and proceeds to ,trust ,funds ,section #bja7;f7 of such ,act is amended-- 7,a7 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund shall be credited to and form a part of the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,disability ,insurance ,trust ,fund1 respectively and inserting the ,social ,security ,trust ,fund shall be credited to and form a part of the ,social ,security ,trust ,fund2 7,b7 by striking either of the ,trust ,funds and inserting the ,trust ,fund2 and 7,c7 by striking such ,trust ,fund and inserting the ,trust ,fund4 7#e7 ,administrative costs ,section #bja7;g7 of such ,act is amended-- 7,a7 in paragraph 7#a7-- 7i7 in subparagraph 7,a71 by striking ,of the amounts authorized to be made available out of the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund under the preceding sentence and all that follows through 7,public ,law #ajc-bif742 7ii7 in subparagraph 7,b77i7-- 7,i7 by striking subclauses 7,,ii7 and 7,,iii7 and inserting the following3 7,,ii7 the portion of such costs which should have been borne by the ,social ,security ,trust ,fund1 2 and 7,,ii7 by redesignating subclauses 7,,iv7 and 7,v7 as subclauses 7,,iii7 and 7,,iv72 7,b7 in paragraph 7#b7-- 7i7 by striking ,trust ,funds and inserting ,trust ,fund2 and 7ii7 by striking the last sentence2 and 7,c7 in paragraph 7#d71 by striking ,trust ,funds each place it appears and inserting ,trust ,fund4 7#f7 ,benefit payments ,section #bja7;h7 of such ,act is amended to read as follows3 7h7 ,all benefit payments required to be made under this title shall be made only from the ,social ,security ,trust ,fund4 4 7#g7 ,gifts ,section #bja7;i7 of such ,act is amended-- 7,a7 in paragraph 7#a71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 the ,federal ,disability ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund2 and 7,b7 in paragraph 7#b77;,b71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund4 7#h7 ,travel expenses ,section #bja7;j7 of such ,act is amended by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 or the ,federal ,disability ,insurance ,trust ,fund 7as determined appropriate by the ,commissioner of ,social ,security7 and inserting the ,social ,security ,trust ,fund4 7#i7 ,demonstration projects ,section #bja7k7 of such ,act is amended by striking the ,federal ,disability ,insurance ,trust ,fund and the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 as determined appropriate by the ,commissioner of ,social ,security and inserting the ,social ,security ,trust ,fund4 7#aj7 ,benefit checks ,section #bja7m7 of such ,act is amended-- 7,a7 in paragraph 7#b71 by striking each of the ,trust ,funds and inserting the ,social ,security ,trust ,fund2 7,b7 in paragraph 7#c71 by striking one of the ,trust ,funds and inserting the ,trust ,fund2 and 7,c7 by striking such ,trust ,fund each place it appears and inserting the ,trust ,fund4 7#aa7 ,conforming repeals 7,a7 ,in general ,section #bja of such ,act is amended by striking subsections 7b71 7l71 and 7n74 7,b7 ,redesignations ,section #bja of such ,act is further amended-- 7i7 by redesignating subsections 7c7 through 7j7 as subsections 7b7 through 7i71 respectively2 7ii7 by redesignating subsection 7k7 as subsection 7j72 and 7iii7 by redesignating subsection 7m7 as subsection 7k74 7,c7 ,references to redesignated sections 7i7 ,section #bja7;a7 of such ,act1 as amended by subsection 7a7 of this section1 is further amended-- 7,i7 by striking subsection 7i77#a7 and inserting subsection 7h77#a72 and 7,,ii7 by striking subsection 7d7 and inserting subsection 7c74 7ii7 ,section #aaca7;b77#a7 of such ,act is amended by striking section #bja7;g77#a7 and inserting section #bja7;f77#a74 7e7 ,other conforming amendments to ,social ,security ,act 7#a7 ,title ,,ii ,title ,,ii of the ,social ,security ,act 7#db ,u4,s4,c4 #dja et seq47 is amended-- 7,a7 in section #bjb7x77#c77;,b77iii71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund1 as appropriate1 and inserting the ,social ,security ,trust ,fund2 7,b7 in section #bjf7;d77#e71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund1 as appropriate and inserting the ,social ,security ,trust ,fund2 7,c7 in section #bjf7;e77#c77;,b71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund2 7,d7 in section #bjh7;b77#e77;,a71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund1 as appropriate and inserting the ,social ,security ,trust ,fund2 7,e7 in section #bae7;i77#a77;,f7-- 7i7 in clause 7i7-- 7,i7 by striking the combined balance in the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting the balance in the ,social ,security ,trust ,fund2 and 7,,ii7 by striking and reduced by the outstanding amount of any loan 7including interest thereon7 theretofore made to either such ,fund from the ,federal ,hospital ,insurance ,trust ,fund under section #bja7l72 and 7ii7 in clause 7ii7-- 7,i7 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund2 and 7,,ii7 by striking 7other than payments and all that follows through from that ,account2 7,f7 in section #bag7;g77#b71 by inserting after the first sentence the following3 ,for purposes of any such revision of the amount determined under paragraph 7#a7 that occurs in a year after #bjae1 any reference in such paragraph to the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund or the ,federal ,disability ,insurance ,trust ,fund shall be deemed to be a reference to the ,social ,security ,trust ,fund42 7,g7 in section #bba7;e7-- 7i7 by striking ,trust ,funds each place it appears and inserting ,trust ,fund2 and 7ii7 by striking the last sentence2 7,h7 in section #bba7;f71 by striking ,trust ,funds and inserting ,trust ,fund2 7,i7 in section #bbb7;d7-- 7i7 in the section heading1 by striking ,trust ,funds and inserting ,trust ,fund2 7ii7 in paragraph 7#a71 by striking to the end that savings will accrue to the ,trust ,funds as a result of rehabilitating such individuals1 there are authorized to be transferred from the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting to the end that savings will accrue to the ,trust ,fund as a result of rehabilitating such individuals1 there are authorized to be transferred from the ,social ,security ,trust ,fund2 and 7iii7 by amending paragraph 7#d7 to read as follows3 7#d7 ,the ,commissioner of ,social ,security shall determine according to such methods and procedures as the ,commissioner may deem appropriate the total amount to be reimbursed for the cost of services under this subsection4 2 7,j7 in section #bbh7;g7-- 7i7 in the section heading1 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 and 7ii7 in the matter preceding paragraph 7#a71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 7,k7 in section #bca7;c71 by striking ,trust ,funds each place it appears and inserting ,trust ,fund2 and 7,l7 in section #bcd7;a77#a71 by striking ,trust ,funds and inserting ,trust ,fund4 7#b7 ,title ,,vii ,title ,,vii of the ,social ,security ,act 7#db ,u4,s4,c4 #ija et seq47 is amended-- 7,a7 in section #gjc7;j71 by striking ,federal ,disability ,insurance ,trust ,fund1 the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 and inserting ,social ,security ,trust ,fund2 7,b7 in section #gjh7;c71 by striking the ,,oasdi trust fund ratio under section #bja7l71 after computing2 7,c7 in section #gji-- 7i7 in subsection 7a71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 and 7ii7 in subsection 7b7-- 7,i7 in paragraph 7#a71 by striking section #bja7l7 or2 and 7,,ii7 in paragraph 7#b71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 and 7,d7 in section #gaj-- 7i7 in subsection 7a71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 and 7ii7 in subsection 7b7-- 7,i7 by striking any ,trust ,fund specified in subsection 7a7 and inserting the ,social ,security ,trust ,fund2 and 7,,ii7 by striking payments from any such ,trust ,fund and inserting payments from the ,social ,security ,trust ,fund4 7#c7 ,title ,,xi ,title ,,xi of the ,social ,security ,act 7#db ,u4,s4,c4 #acja et seq47 is amended-- 7,a7 in section #aajf7;b71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 the ,federal ,disability ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund2 7,b7 in section #aabi7;e77#b77;,a71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund or the ,federal ,disability ,insurance ,trust ,fund1 as determined appropriate by the ,secretary and inserting the ,social ,security ,trust ,fund2 7,c7 in sections #aaca7;b77#b7 and #aadj7;c77#b71 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund2 7,d7 in section #aade7;c7-- 7i7 by striking paragraphs 7#a7 and 7#b7 and inserting the following3 7#a7 the ,social ,security ,trust ,fund2 2 and 7ii7 by redesignating paragraphs 7#c7 and 7#d7 as paragraphs 7#b7 and 7#c71 respectively2 and 7,e7 in section #aadh7;j77#a77;,a7-- 7i7 in the first sentence1 by striking the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting the ,social ,security ,trust ,fund2 and 7ii7 by striking the second sentence4 7#d7 ,title ,,xviii ,title ,,xviii of the ,social ,security ,act 7#db ,u4,s4,c4 #acie7 is amended-- 7,a7 in section #ahag7;g71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and from the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 7,b7 in section #ahdj7;a77#b71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund or the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 and 7,c7 in section #ahda7;f71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and from the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund4 7f7 ,conforming amendments outside of ,social ,security ,act 7#a7 ,budget 7,a7 ,off-budget exemption ,section #dje7;a7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fee7;a77 is amended by striking ,federal ,old-,age and ,survivors ,insurance and ,federal ,disability ,insurance ,trust ,funds and inserting ,social ,security ,trust ,fund4 7,b7 ,sequestration exemption ,section #bee7;g77#a77;,a7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ije7;g77#a77;,a77 is amended by striking ,payments to ,social ,security ,trust ,funds and inserting ,payments to the ,social ,security ,trust ,fund4 7#b7 ,tax 7,a7 ,taxable wages ,section #caba7l77#d7 of the ,internal ,revenue ,code of #aihf is amended by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund4 7,b7 ,overpayments 7i7 ,section #fdjb7;d77#c77;,c7 of the ,internal ,revenue ,code of #aihf is amended by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund or the ,federal ,disability ,insurance ,trust ,fund1 whichever is certified to the ,secretary as appropriate by the ,commissioner of ,social ,security and inserting ,social ,security ,trust ,fund4 7ii7 ,subsection 7f77#b77;,b7 of section #cgbj;,a of title #ca1 ,united ,states ,code1 is amended by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund or the ,federal ,disability ,insurance ,trust ,fund1 whichever is certified to the ,secretary of the ,treasury as appropriate by the ,commissioner of ,social ,security and inserting ,social ,security ,trust ,fund4 7#c7 ,false claims penalties ,subsection 7g77#b7 of section #chjf of title #ca1 ,united ,states ,code1 is amended-- 7,a7 in subparagraph 7,b7-- 7i7 by striking ,secretary of ,health and ,human ,services and inserting ,commissioner of ,social ,security2 and 7ii7 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 and 7,b7 in subparagraph 7,c7-- 7i7 by striking ,secretary of ,health and ,human ,services and inserting ,commissioner of ,social ,security2 and 7ii7 by striking ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund4 7#d7 ,railroad ,retirement ,board ,section #g of the ,railroad ,retirement ,act of #aigd 7#de ,u4,s4,c4 #bca;f7 is amended-- 7,a7 in subsection 7b77#b71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund and the ,federal ,disability ,insurance ,trust ,fund and inserting ,social ,security ,trust ,fund2 7,b7 in subsection 7c77#b7-- 7i7 by striking ,secretary of ,health1 ,education1 and ,welfare each time it appears and inserting ,commissioner of ,social ,security2 and 7ii7 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 the ,federal ,disability ,insurance ,trust ,fund1 each time it appears and inserting ,social ,security ,trust ,fund2 and 7,c7 in subsection 7c77#d71 by striking ,federal ,old-,age and ,survivors ,insurance ,trust ,fund1 the ,federal ,disability ,insurance ,trust ,fund1 and inserting ,social ,security ,trust ,fund4 7g7 ,rule of construction ,effective beginning on ,january #a1 #bjbj1 any reference in law to the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund or the ,federal ,disability ,insurance ,trust ,fund is deemed to be a reference to the ,social ,security ,trust ,fund4 7h7 ,effective date ,the amendments made by this section shall take effect on ,january #a1 #bjbj4