,i #aaith ,,congress #ast ,session ,h4 ,r4 #aabi ,,in ,,the ,,house ,,of ,,representatives ,february #g1 #bjbe,ms4 ,malliotakis introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to increase the exclusion from gross income of social security benefits4 #a4 ,short title ,this ,act may be cited as the ,tax ,relief ,unleashed for ,seniors by ,trump ,act4 #b4 ,increase in exclusion from gross income of social security benefits 7a7 ,in general ,section #hf7;c7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking #be1jjj in paragraph 7#a77;,a7 and inserting #ej1jjj1 7#b7 by striking #cb1jjj in paragraph 7#a77;,b7 and inserting #fd1jjj1 7#c7 by striking #cd1jjj in paragraph 7#b77;,a7 and inserting #ei1jjj1 and 7#d7 by striking #dd1jjj in paragraph 7#b77;,b7 and inserting #gf1jjj4 7b7 ,inflation adjustment ,section #hf7;c7 of such ,code is amended by adding at the end the following new paragraph3 7#c7 ,inflation adjustment 7,a7 ,in general ,in the case of any taxable year beginning after ,december #ca1 #bjbf1 the dollar amounts in paragraphs 7#a77;,a71 7#a77;,b71 7#b77;,a71 and 7#b77;,b7 shall each be increased by an amount equal to-- 7i7 such dollar amount1 multiplied by 7ii7 the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year in which the taxable year begins by substituting calendar year #bjbe for calendar year #bjaf in subparagraph 7,a77ii7 thereof4 7,b7 ,rounding ,if any increase determined under subparagraph 7,a7 is not a multiple of #ajj1 such increase shall be rounded to nearest multiple of #ajj4 4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjbe4