,i #aai? ,,congress #a/ ,session ,h4 ,r4 #aabi ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #g1 #bjbe,ms4 ,malliotakis introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to increase ! exclusion f gross income ( social security b5efits4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,tax ,relief ,unlea%$ = ,s5iors by ,trump ,act4 #b4 ,increase 9 exclusion f gross income ( social security b5efits 7a7 ,9 g5]al ,section #hf7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ #be1jjj 9 p>agraph 7#a77;,a7 & ins]t+ #ej1jjj1 7#b7 by /rik+ #cb1jjj 9 p>agraph 7#a77;,b7 & ins]t+ #fd1jjj1 7#c7 by /rik+ #cd1jjj 9 p>agraph 7#b77;,a7 & ins]t+ #ei1jjj1 & 7#d7 by /rik+ #dd1jjj 9 p>agraph 7#b77;,b7 & ins]t+ #gf1jjj4 7b7 ,inflation adju/m5t ,section #hf7;c7 ( su* ,code is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#c7 ,inflation adju/m5t 7,a7 ,9 g5]al ,9 ! case ( any taxable ye> beg9n+ aft] ,decemb] #ca1 #bjbf1 ! doll> am\nts 9 p>agraphs 7#a77;,a71 7#a77;,b71 7#b77;,a71 & 7#b77;,b7 %all ea* be increas$ by an am\nt equal to-- 7i7 su* doll> am\nt1 multipli$ by 7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye> 9 :i* ! taxable ye> beg9s by sub/itut+ cal5d> ye> #bjbe = cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 !re(4 7,b7 ,r\nd+ ,if any increase det]m9$ "u subp>agraph 7,a7 is n a multiple ( #ajj1 su* increase %all be r\nd$ to ne>e/ multiple ( #ajj4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbe4