,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #fibd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #c1 #bjbb,mr4    
,gos> introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to susp5d payroll taxes = 
#bjba & #bjbb4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,p&emic ,payroll   
,tax ,susp5sion ,act4  #b4 ,susp5sion ( 
payroll taxes = #bjba & #bjbb  7a7 ,9   
g5]al ,not)/&+ any o!r provision ( law--
 7#a7 ) respect to any taxable ye> :i*  
beg9s 9 ! payroll tax susp5sion p]iod1 !
 rates ( tax "u section #adja ( !       
,int]nal ,rev5ue ,code ( #aihf %all be  
#j p]c5t1  7#b7 ) respect to remun]ation
 receiv$ = pay p]iods end+ dur+ !       
payroll tax susp5sion p]iod1 ! rates (  
tax "u #caja ( su* ,code %all be #j     
p]c5t 7includ+ = purposes ( det]m9+ !   
applicable p]c5tage "u sections         
#cbja7;a7 & #cbaa7;a7 ( su* ,code71 &   
7#c7 ) respect to remun]ation paid = pay
 p]iods end+ dur+ ! payroll tax         
susp5sion p]iod1 ! rates ( tax "u       

section #caaa ( su* ,code %all be #j    
p]c5t 7includ+ = purposes ( det]m9+ !   
applicable p]c5tage "u section #cbba7;a7
 ( su* ,code74  7b7 ,payroll tax        
susp5sion p]iod ,! t]m payroll tax      
susp5sion p]iod means ! p]iod beg9n+ on 
,janu>y #a1 #bjba1 & end+ on ,decemb]   
#ca1 #bjbb4  7c7 ,employ] notification  
,! ,secret>y ( ! ,treasury %all notify  
employ]s ( ! payroll tax susp5sion p]iod
 9 any mann] ! ,secret>y deems          
appropriate4  7d7 ,transf]s ( funds     
7#a7 ,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 & ! 
,f$]al ,hospital ,insurance ,tru/ ,fund 
e/abli%$ "u section #ahag7;a7 ( !       
,social ,security ,act 7#db ,u4,s4,c4   
#acie;i7a77 am\nts equal to ! r$uction 9
 rev5ues to ! ,treasury by reason ( !   
application ( subsection 7a74 ,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 ea* su* ,tru/ ,fund _h subsection 7a7
 n be5 enact$4  7#b7 ,transf]s to social
 security equival5t b5efit acc\nt ,!re  
are h]eby appropriat$ 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$uction 9 rev5ues to ! ,treasury by  
reason ( ! application ( subsection 7a74
 ,am\nts appropriat$ 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 subsection 7a7
 n be5 enact$4  7#c7 ,coord9ation ) o!r 
,f$]al laws ,= purposes ( apply+ any    
provision ( ,f$]al law o!r ?an !        
provisions ( ! ,int]nal ,rev5ue ,code ( 
#aihf1 ! rates ( tax 9 effect "u section
 #caja ( su* ,code %all be det]m9$ )\t  

reg>d to ! r$uction 9 su* rate "u ?is   
section4