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<dc:title>115 HR 1902 IH: Social Security 2100 Act</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2017-04-05</dc:date>
<dc:format>text/xml</dc:format>
<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<distribution-code display="yes">I</distribution-code><congress display="yes">115th CONGRESS</congress><session display="yes">1st Session</session><legis-num display="yes">H. R. 1902</legis-num><current-chamber>IN THE HOUSE OF REPRESENTATIVES</current-chamber><action display="yes"><action-date date="20170405">April 5, 2017</action-date><action-desc><sponsor name-id="L000557">Mr. Larson of Connecticut</sponsor> (for himself, <cosponsor name-id="A000370">Ms. Adams</cosponsor>, <cosponsor name-id="A000371">Mr. Aguilar</cosponsor>, <cosponsor name-id="B001300">Ms. Barragán</cosponsor>, <cosponsor name-id="B001270">Ms. Bass</cosponsor>, <cosponsor name-id="B001281">Mrs. Beatty</cosponsor>, <cosponsor name-id="B001287">Mr. Bera</cosponsor>, <cosponsor name-id="B001292">Mr. Beyer</cosponsor>, <cosponsor name-id="B000490">Mr. Bishop of Georgia</cosponsor>, <cosponsor name-id="B000574">Mr. Blumenauer</cosponsor>, <cosponsor name-id="B001303">Ms. Blunt Rochester</cosponsor>, <cosponsor name-id="B001278">Ms. Bonamici</cosponsor>, <cosponsor name-id="B001296">Mr. Brendan F. Boyle of Pennsylvania</cosponsor>, <cosponsor name-id="B001227">Mr. Brady of Pennsylvania</cosponsor>, <cosponsor name-id="B001251">Mr. Butterfield</cosponsor>, <cosponsor name-id="C001037">Mr. Capuano</cosponsor>, <cosponsor name-id="C001112">Mr. Carbajal</cosponsor>, <cosponsor name-id="C001097">Mr. Cárdenas</cosponsor>, <cosponsor name-id="C001072">Mr. Carson of Indiana</cosponsor>, <cosponsor name-id="C001090">Mr. Cartwright</cosponsor>, <cosponsor name-id="C001066">Ms. Castor of Florida</cosponsor>, <cosponsor name-id="C001091">Mr. Castro of Texas</cosponsor>, <cosponsor name-id="C001080">Ms. Judy Chu of California</cosponsor>, <cosponsor name-id="C001084">Mr. Cicilline</cosponsor>, <cosponsor name-id="C001101">Ms. Clark of Massachusetts</cosponsor>, <cosponsor name-id="C001067">Ms. Clarke of New York</cosponsor>, <cosponsor name-id="C001049">Mr. Clay</cosponsor>, <cosponsor name-id="C001061">Mr. Cleaver</cosponsor>, <cosponsor name-id="C000537">Mr. Clyburn</cosponsor>, <cosponsor name-id="C001068">Mr. Cohen</cosponsor>, <cosponsor name-id="C001078">Mr. Connolly</cosponsor>, <cosponsor name-id="C000714">Mr. Conyers</cosponsor>, <cosponsor name-id="C001110">Mr. Correa</cosponsor>, <cosponsor name-id="C001069">Mr. Courtney</cosponsor>, <cosponsor name-id="C001038">Mr. Crowley</cosponsor>, <cosponsor name-id="C001063">Mr. Cuellar</cosponsor>, <cosponsor name-id="C000984">Mr. Cummings</cosponsor>, <cosponsor name-id="D000096">Mr. Danny K. Davis of Illinois</cosponsor>, <cosponsor name-id="D000191">Mr. DeFazio</cosponsor>, <cosponsor name-id="D000216">Ms. DeLauro</cosponsor>, <cosponsor name-id="D000617">Ms. DelBene</cosponsor>, <cosponsor name-id="D000627">Mrs. Demings</cosponsor>, <cosponsor name-id="D000623">Mr. DeSaulnier</cosponsor>, <cosponsor name-id="D000610">Mr. Deutch</cosponsor>, <cosponsor name-id="D000624">Mrs. Dingell</cosponsor>, <cosponsor name-id="D000399">Mr. Doggett</cosponsor>, <cosponsor name-id="D000482">Mr. Michael F. Doyle of Pennsylvania</cosponsor>, <cosponsor name-id="E000288">Mr. Ellison</cosponsor>, <cosponsor name-id="E000179">Mr. Engel</cosponsor>, <cosponsor name-id="E000215">Ms. Eshoo</cosponsor>, <cosponsor name-id="E000293">Ms. Esty</cosponsor>, <cosponsor name-id="E000296">Mr. Evans</cosponsor>, <cosponsor name-id="F000462">Ms. Frankel of Florida</cosponsor>, <cosponsor name-id="F000455">Ms. Fudge</cosponsor>, <cosponsor name-id="G000571">Ms. Gabbard</cosponsor>, <cosponsor name-id="G000574">Mr. Gallego</cosponsor>, <cosponsor name-id="G000559">Mr. Garamendi</cosponsor>, <cosponsor name-id="G000581">Mr. Gonzalez of Texas</cosponsor>, <cosponsor name-id="G000553">Mr. Al Green of Texas</cosponsor>, <cosponsor name-id="G000410">Mr. Gene Green of Texas</cosponsor>, <cosponsor name-id="G000551">Mr. Grijalva</cosponsor>, <cosponsor name-id="G000535">Mr. Gutiérrez</cosponsor>, <cosponsor name-id="H001050">Ms. Hanabusa</cosponsor>, <cosponsor name-id="H000324">Mr. Hastings</cosponsor>, <cosponsor name-id="H001064">Mr. Heck</cosponsor>, <cosponsor name-id="H001038">Mr. Higgins of New York</cosponsor>, <cosponsor name-id="H001068">Mr. Huffman</cosponsor>, <cosponsor name-id="J000032">Ms. Jackson Lee</cosponsor>, <cosponsor name-id="J000298">Ms. Jayapal</cosponsor>, <cosponsor name-id="J000294">Mr. Jeffries</cosponsor>, <cosponsor name-id="J000126">Ms. Eddie Bernice Johnson of Texas</cosponsor>, <cosponsor name-id="J000288">Mr. Johnson of Georgia</cosponsor>, <cosponsor name-id="K000009">Ms. Kaptur</cosponsor>, <cosponsor name-id="K000375">Mr. Keating</cosponsor>, <cosponsor name-id="K000385">Ms. Kelly of Illinois</cosponsor>, <cosponsor name-id="K000379">Mr. Kennedy</cosponsor>, <cosponsor name-id="K000389">Mr. Khanna</cosponsor>, <cosponsor name-id="K000390">Mr. Kihuen</cosponsor>, <cosponsor name-id="K000380">Mr. Kildee</cosponsor>, <cosponsor name-id="K000381">Mr. Kilmer</cosponsor>, <cosponsor name-id="K000382">Ms. Kuster of New Hampshire</cosponsor>, <cosponsor name-id="L000559">Mr. Langevin</cosponsor>, <cosponsor name-id="L000581">Mrs. Lawrence</cosponsor>, <cosponsor name-id="L000586">Mr. Lawson of Florida</cosponsor>, <cosponsor name-id="L000551">Ms. Lee</cosponsor>, <cosponsor name-id="L000263">Mr. Levin</cosponsor>, <cosponsor name-id="L000287">Mr. Lewis of Georgia</cosponsor>, <cosponsor name-id="L000582">Mr. Ted Lieu of California</cosponsor>, <cosponsor name-id="L000397">Ms. Lofgren</cosponsor>, <cosponsor name-id="L000579">Mr. Lowenthal</cosponsor>, <cosponsor name-id="L000570">Mr. Ben Ray Luján of New Mexico</cosponsor>, <cosponsor name-id="L000580">Ms. Michelle Lujan Grisham of New Mexico</cosponsor>, <cosponsor name-id="L000562">Mr. Lynch</cosponsor>, <cosponsor name-id="M001185">Mr. Sean Patrick Maloney of New York</cosponsor>, <cosponsor name-id="M001163">Ms. Matsui</cosponsor>, <cosponsor name-id="M001143">Ms. McCollum</cosponsor>, <cosponsor name-id="M001200">Mr. McEachin</cosponsor>, <cosponsor name-id="M000312">Mr. McGovern</cosponsor>, <cosponsor name-id="M001166">Mr. McNerney</cosponsor>, <cosponsor name-id="M001137">Mr. Meeks</cosponsor>, <cosponsor name-id="M001188">Ms. Meng</cosponsor>, <cosponsor name-id="M001160">Ms. Moore</cosponsor>, <cosponsor name-id="M001196">Mr. Moulton</cosponsor>, <cosponsor name-id="N000002">Mr. Nadler</cosponsor>, <cosponsor name-id="N000179">Mrs. Napolitano</cosponsor>, <cosponsor name-id="N000015">Mr. Neal</cosponsor>, <cosponsor name-id="N000127">Mr. Nolan</cosponsor>, <cosponsor name-id="N000188">Mr. Norcross</cosponsor>, <cosponsor name-id="N000147">Ms. Norton</cosponsor>, <cosponsor name-id="O000170">Mr. O'Rourke</cosponsor>, <cosponsor name-id="P000034">Mr. Pallone</cosponsor>, <cosponsor name-id="P000613">Mr. Panetta</cosponsor>, <cosponsor name-id="P000096">Mr. Pascrell</cosponsor>, <cosponsor name-id="P000604">Mr. Payne</cosponsor>, <cosponsor name-id="P000593">Mr. Perlmutter</cosponsor>, <cosponsor name-id="P000258">Mr. Peterson</cosponsor>, <cosponsor name-id="P000597">Ms. Pingree</cosponsor>, <cosponsor name-id="P000610">Ms. Plaskett</cosponsor>, <cosponsor name-id="P000607">Mr. Pocan</cosponsor>, <cosponsor name-id="Q000023">Mr. Quigley</cosponsor>, <cosponsor name-id="R000606">Mr. Raskin</cosponsor>, <cosponsor name-id="R000588">Mr. Richmond</cosponsor>, <cosponsor name-id="R000486">Ms. Roybal-Allard</cosponsor>, <cosponsor name-id="R000599">Mr. Ruiz</cosponsor>, <cosponsor name-id="R000576">Mr. Ruppersberger</cosponsor>, <cosponsor name-id="R000515">Mr. Rush</cosponsor>, <cosponsor name-id="R000577">Mr. Ryan of Ohio</cosponsor>, <cosponsor name-id="S001156">Ms. Sánchez</cosponsor>, <cosponsor name-id="S001168">Mr. Sarbanes</cosponsor>, <cosponsor name-id="S001145">Ms. Schakowsky</cosponsor>, <cosponsor name-id="S000185">Mr. Scott of Virginia</cosponsor>, <cosponsor name-id="S001157">Mr. David Scott of Georgia</cosponsor>, <cosponsor name-id="S000248">Mr. Serrano</cosponsor>, <cosponsor name-id="S001185">Ms. Sewell of Alabama</cosponsor>, <cosponsor name-id="S001170">Ms. Shea-Porter</cosponsor>, <cosponsor name-id="S000344">Mr. Sherman</cosponsor>, <cosponsor name-id="S001165">Mr. Sires</cosponsor>, <cosponsor name-id="S000480">Ms. Slaughter</cosponsor>, <cosponsor name-id="S001175">Ms. Speier</cosponsor>, <cosponsor name-id="S001201">Mr. Suozzi</cosponsor>, <cosponsor name-id="S001193">Mr. Swalwell of California</cosponsor>, <cosponsor name-id="T000472">Mr. Takano</cosponsor>, <cosponsor name-id="T000460">Mr. Thompson of California</cosponsor>, <cosponsor name-id="T000193">Mr. Thompson of Mississippi</cosponsor>, <cosponsor name-id="T000468">Ms. Titus</cosponsor>, <cosponsor name-id="T000469">Mr. Tonko</cosponsor>, <cosponsor name-id="V000130">Mr. Vargas</cosponsor>, <cosponsor name-id="V000131">Mr. Veasey</cosponsor>, <cosponsor name-id="V000132">Mr. Vela</cosponsor>, <cosponsor name-id="V000081">Ms. Velázquez</cosponsor>, <cosponsor name-id="W000799">Mr. Walz</cosponsor>, <cosponsor name-id="W000797">Ms. Wasserman Schultz</cosponsor>, <cosponsor name-id="W000187">Ms. Maxine Waters of California</cosponsor>, <cosponsor name-id="W000822">Mrs. Watson Coleman</cosponsor>, <cosponsor name-id="W000800">Mr. Welch</cosponsor>, <cosponsor name-id="W000808">Ms. Wilson of Florida</cosponsor>, and <cosponsor name-id="Y000062">Mr. Yarmuth</cosponsor>) introduced the following bill; which was referred to the <committee-name committee-id="HWM00">Committee on Ways and Means</committee-name>, and in addition to the Committees on <committee-name committee-id="HED00">Education and the Workforce</committee-name>, and <committee-name committee-id="HIF00">Energy and Commerce</committee-name>, for a period to be subsequently determined by the Speaker, in each case for consideration of such
			 provisions as fall within the jurisdiction of the committee concerned</action-desc></action><legis-type>A BILL</legis-type><official-title display="yes">To protect our Social Security system and improve benefits for current and future generations.</official-title></form>
	<legis-body id="H61AF37B6F4B84BCA8143194ED9A69EC2" style="OLC">
 <section id="H374A38C0EB414F7F8D1E4DF2DA7BB561" section-type="section-one"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the <quote><short-title>Social Security 2100 Act</short-title></quote>.</text> </section><section id="H910A07431C4F4D8DBDE07AC101C77308"><enum>2.</enum><header>Table of contents</header><text display-inline="no-display-inline">The table of contents for this Act is as follows:</text>
			<toc container-level="legis-body-container" lowest-bolded-level="division-lowest-bolded" lowest-level="section" quoted-block="no-quoted-block" regeneration="yes-regeneration">
				<toc-entry idref="H374A38C0EB414F7F8D1E4DF2DA7BB561" level="section">Sec. 1. Short title.</toc-entry>
				<toc-entry idref="H910A07431C4F4D8DBDE07AC101C77308" level="section">Sec. 2. Table of contents.</toc-entry>
				<toc-entry idref="H051AF67941474E9D986F0804A46706C8" level="title">Title I—Strengthening Benefits</toc-entry>
				<toc-entry idref="H035F6C45BB28445DA0B9264AA807B77E" level="section">Sec. 101. Across-the-board benefit increase.</toc-entry>
				<toc-entry idref="H722C86326D0A422D96DE8B84C1DD1BFB" level="section">Sec. 102. More accurate cost-of-living adjustment for Social Security beneficiaries.</toc-entry>
				<toc-entry idref="H0D56CAFE28BA474191DFE1AD57769FC2" level="section">Sec. 103. Increase in minimum benefit for lifetime low earners based on years in the workforce.</toc-entry>
				<toc-entry idref="HBAE3E964B34E4490A51483EE2BEA1C1B" level="section">Sec. 104. Increase in threshold amounts and rate for inclusion of Social Security benefits in
			 income.</toc-entry>
				<toc-entry idref="H1C9A332EAA784A559DC8E399E3A14C6C" level="section">Sec. 105. Holding SSI, Medicaid, and CHIP beneficiaries harmless.</toc-entry>
				<toc-entry idref="H443CE527F97A4427A137458A06BB3D0F" level="title">Title II—Strengthening the Trust Fund</toc-entry>
				<toc-entry idref="HF64C2C3839424245AC12C2FB09F85426" level="section">Sec. 201. Determination of wages and self-employment income above contribution and benefit base
			 after 2017.</toc-entry>
				<toc-entry idref="H7B98F971DD884CF6B0FA3BDC8387F3D8" level="section">Sec. 202. Inclusion of earnings over $400,000 in Social Security benefit formula.</toc-entry>
				<toc-entry idref="HEC67C743C6934EECBECEF7381C5F642D" level="section">Sec. 203. Adjustment to the Social Security insurance contribution.</toc-entry>
				<toc-entry idref="HBE163C86CCCD4BCA968F70250E120718" level="section">Sec. 204. Social Security Trust Fund established.</toc-entry>
			</toc>
		</section><title id="H051AF67941474E9D986F0804A46706C8"><enum>I</enum><header>Strengthening Benefits</header>
			<section id="H035F6C45BB28445DA0B9264AA807B77E"><enum>101.</enum><header>Across-the-board benefit increase</header>
 <subsection id="HE09D26EB7B9145008EB5113CD1965502"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 215(a)(1)(A)(i) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(a)(1)(A)(i)</external-xref>) is amended by striking <quote>90 percent</quote> and inserting <quote>93 percent</quote>.</text>
				</subsection><subsection id="H1092519258F647B98E530B4F759AB01D"><enum>(b)</enum><header>Effective date</header>
 <paragraph id="HA4B7645937F149808A22DA481EA2818C"><enum>(1)</enum><header>In general</header><text>The amendment made by subsection (a) shall apply with respect to monthly insurance benefits payable for any month after December 2017.</text>
 </paragraph><paragraph id="H253625604F474D62A2D4642FEB4E34E5"><enum>(2)</enum><header>Recomputation of primary insurance amounts</header><text display-inline="yes-display-inline">Notwithstanding section 215(f) of the Social Security Act, the Commissioner of Social Security shall recompute primary insurance amounts originally computed for months prior to January 2018 to the extent necessary to carry out the amendments made by this section.</text>
					</paragraph></subsection></section><section id="H722C86326D0A422D96DE8B84C1DD1BFB"><enum>102.</enum><header>More accurate cost-of-living adjustment for Social Security beneficiaries</header>
 <subsection commented="no" id="HC8E918A7952C43399AFB81B4F7F156FC"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 215(i)(1) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(i)(1)</external-xref>) is amended by adding at the end the following new subparagraph:</text>
					<quoted-block display-inline="no-display-inline" id="H334F2EE3316041EA99B00C23E2A5E4C8" style="OLC">
 <subparagraph commented="no" id="H886DF6B56AA240E3887BB22E3FB3451E" indent="up1"><enum>(H)</enum><text display-inline="yes-display-inline">the term <quote>Consumer Price Index</quote> means the Consumer Price Index for Elderly Consumers (CPI–E, as published by the Bureau of Labor Statistics of the Department of Labor).</text></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
				</subsection><subsection commented="no" display-inline="no-display-inline" id="HBDF44534623D4554BF56CB00115A4665"><enum>(b)</enum><header>Application to pre-1979 law</header>
 <paragraph commented="no" id="HA8BD654CB10B49C2808E3221144D2AD7"><enum>(1)</enum><header>In general</header><text>Section 215(i)(1) of the Social Security Act as in effect in December 1978, and as applied in certain cases under the provisions of such Act as in effect after December 1978, is amended by adding at the end the following new subparagraph:</text>
						<quoted-block display-inline="no-display-inline" id="HB9EF27A54B0947938EC71896C7538793" style="traditional">
 <subparagraph commented="no" id="H111A1EF9FE604C69BDDD9D5F556FEFE5" indent="up1"><enum>(D)</enum><text display-inline="yes-display-inline">the term <quote>Consumer Price Index</quote> means the Consumer Price Index for Elderly Consumers (CPI–E, as published by the Bureau of Labor Statistics of the Department of Labor).</text></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </paragraph><paragraph commented="no" id="H9F7D43933DAB47F6A2EDDD848A39B1AD"><enum>(2)</enum><header>Conforming change</header><text>Section 215(i)(4) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(i)(4)</external-xref>) is amended by inserting <quote>and by section 102 of the <short-title>Social Security 2100 Act</short-title></quote> after <quote>1986</quote>.</text> </paragraph></subsection><subsection display-inline="no-display-inline" id="H02F0E30056B54BDCB49345D172F7B45F"><enum>(c)</enum><header>No effect on adjustments under other laws</header><text display-inline="yes-display-inline">Section 215(i) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(i)</external-xref>) is amended by adding at the end the following:</text>
					<quoted-block display-inline="no-display-inline" id="H4A4F5B383318418891B1FB1F952E2143" style="OLC">
 <paragraph id="H7D0E1932E5E940188666805686FA6C72" indent="up1"><enum>(6)</enum><text display-inline="yes-display-inline">Any provision of law (other than in this title, title VIII, or title XVI) which provides for adjustment of an amount based on a change in benefit amounts resulting from a determination made under this subsection shall be applied and administered without regard to the amendments made by subsections (a) and (b) of section 102 of the <short-title>Social Security 2100 Act</short-title>.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="HCA5A145C51604782807186457B213B53"><enum>(d)</enum><header>Publication of Consumer Price Index for Elderly Consumers</header><text display-inline="yes-display-inline">The Bureau of Labor Statistics of the Department of Labor shall prepare and publish an index for each calendar month to be known as the <quote>Consumer Price Index for Elderly Consumers</quote> that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who have attained age 62.</text>
 </subsection><subsection id="HB0C5C62B23C64E00A5E41BA8C7C89A58"><enum>(e)</enum><header>Effective date</header><text>The amendments made by this section shall apply to determinations made with respect to cost-of-living computation quarters (as defined in section 215(i)(1)(B) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(i)(1)(B)</external-xref>)) ending on or after September 30 of the second calendar year following the calendar year in which this Act is enacted.</text>
				</subsection></section><section display-inline="no-display-inline" id="H0D56CAFE28BA474191DFE1AD57769FC2" section-type="subsequent-section"><enum>103.</enum><header>Increase in minimum benefit for lifetime low earners based on years in the workforce</header>
 <subsection id="H790AADF47274411DAC69BCB18E9B7A85"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 215(a)(1) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(a)(1)</external-xref>) is amended—</text> <paragraph id="HBE1D7BE3DF374C8BBD158903CB7DE171"><enum>(1)</enum><text>by redesignating subparagraph (D) as subparagraph (E); and</text>
 </paragraph><paragraph id="H741F341F4DFE4382B9A0C804D3599F8F"><enum>(2)</enum><text>by inserting after subparagraph (C) the following new subparagraph:</text> <quoted-block display-inline="no-display-inline" id="H8C097ED1AE644B89B45A1E52FD9D973D" style="traditional"> <subparagraph id="H7601CFE6A4E1488AAB01A878EC655CA7" indent="up2"><enum>(D)</enum> <clause commented="no" display-inline="yes-display-inline" id="H49DADB51FAAD495B85FF2258952EC1B0"><enum>(i)</enum><text>Effective with respect to the benefits of individuals who become eligible for old-age insurance benefits or disability insurance benefits (or die before becoming so eligible) after 2017, no primary insurance amount computed under subparagraph (A) may be less than the greater of—</text>
 <subclause id="HB16C9A16B18E4ECB979336CC836F6DC6" indent="up1"><enum>(I)</enum><text>the minimum monthly amount computed under subparagraph (C); or</text> </subclause><subclause id="HE6A382B92E7E4618975887EEA9B58D36" indent="up1"><enum>(II)</enum><text>in the case of an individual who has more than 10 years of work (as defined in clause (iv)(I)), the alternative minimum amount determined under clause (ii).</text>
									</subclause></clause><clause id="H19A9401A4E3149DBA7F71EBDAD572694" indent="up1"><enum>(ii)</enum>
 <subclause commented="no" display-inline="yes-display-inline" id="H448F50FF848E4017A57B562AB9BD2E48"><enum>(I)</enum><text display-inline="yes-display-inline">The alternative minimum amount determined under this clause is the applicable percentage of <fraction>1/12</fraction> of the annual dollar amount determined under clause (iii) for the year in which the amount is determined.</text>
 </subclause><subclause id="H26EE2F55F691482BBAA217453BA1EB4B" indent="up1"><enum>(II)</enum><text>For purposes of subclause (I), the applicable percentage is the percentage specified in connection with the number of years of work, as set forth in the following table:</text>
										<table align-to-level="section" blank-lines-before="2" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" table-template-name="Flush/hang, 1 text, 1 num, bold hds" table-type="Leaderwork">
											<tgroup cols="2" rowsep="0"><colspec coldef="txt" colname="column1" colwidth="204.19pt" min-data-value="70"></colspec><colspec coldef="fig" colname="column2" colwidth="358.88pt" min-data-value="12"></colspec><thead>
													<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold>If the number of years</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>The applicable</bold></entry></row>
													<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold>  of work is:</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>percentage is:</bold></entry></row></thead>
												<tbody>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">11</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.25 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">12</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.50 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">13</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">18.75 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">14</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">25.00 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">15</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">31.25 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">16</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">37.50 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">17</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">43.75 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">18</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">50.00 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">19</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">56.25 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">20</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">62.50 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">21</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">68.75 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">22</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">75.00 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">23</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">81.25 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">24</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">87.50 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">25</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">93.75 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">26</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">100.00 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">27</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">106.25 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">28</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">112.50 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">29</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">118.75 percent</entry></row>
													<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">30 or more</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">125.00 percent.</entry></row></tbody></tgroup></table>
 </subclause></clause><clause id="HEDFB97FDDE124243B0634E4ED8043748" indent="up1"><enum>(iii)</enum><text display-inline="yes-display-inline">The annual dollar amount determined under this clause is—</text> <subclause id="H559646A94E14470984A8E77FF7F473BD"><enum>(I)</enum><text>for calendar year 2018, the poverty guideline for 2017; and</text>
 </subclause><subclause id="H0C4C827590114194B9FDA6412861F783"><enum>(II)</enum><text>for any calendar year after 2018, the annual dollar amount for 2017 multiplied by the ratio of—</text> <item id="H1AF883A27F034FC581B99E742FFE5CF1"><enum>(aa)</enum><text>the national average wage index (as defined in section 209(k)(1)) for the second calendar year preceding the calendar year for which the determination is made, to</text>
 </item><item id="HFEBDC021F5054E2F8A2F4E5912D3350B"><enum>(bb)</enum><text>the national average wage index (as so defined) for 2015.</text> </item></subclause></clause><clause id="H135C167089C841939F351776C7BB538F" indent="up1"><enum>(iv)</enum><text display-inline="yes-display-inline">For purposes of this subparagraph—</text>
 <subclause id="H855E5FC3A7674E97BFD50081E2349CB0"><enum>(I)</enum><text>the term <quote>year of work</quote> means, with respect to an individual, a year to which 4 quarters of coverage have been credited based on such individual’s wages and self-employment income; and</text>
 </subclause><subclause id="H285632B2E2B94759BDD37CB16842D58A"><enum>(II)</enum><text>the term <quote>poverty guideline for 2017</quote> means the annual poverty guideline for 2017 (as updated annually in the Federal Register by the Department of Health and Human Services under the authority of section 673(2) of the Omnibus Budget Reconciliation Act of 1981) as applicable to a single individual.</text></subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </paragraph></subsection><subsection display-inline="no-display-inline" id="H891DC10BB8A94027A10AAA5246668342"><enum>(b)</enum><header>Recomputation</header><text>Notwithstanding section 215(f)(1) of the Social Security Act, the Commissioner of Social Security shall recompute primary insurance amounts originally computed for months prior to November 2017 to the extent necessary to carry out the amendments made by this section.</text>
 </subsection><subsection id="H28AECDE291AF4991B755D2B04B3DD462"><enum>(c)</enum><header>Conforming amendment</header><text>Section 209(k)(1) of such Act (<external-xref legal-doc="usc" parsable-cite="usc/42/409">42 U.S.C. 409(k)(1)</external-xref>) is amended by inserting <quote>215(a)(1)(E), </quote> after <quote>215(a)(1)(D),</quote>.</text> </subsection></section><section id="HBAE3E964B34E4490A51483EE2BEA1C1B"><enum>104.</enum><header>Increase in threshold amounts and rate for inclusion of Social Security benefits in income</header> <subsection id="H267E7DFD31EB4C48AA2A889ACCB1BAEE"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/86">section 86</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text>
					<quoted-block display-inline="no-display-inline" id="H2B4167B6AA744DCC9A975995D19C0ED0" style="OLC">
 <subsection id="HFFFE3F1F35A048FF908EE1E55BBDCCEE"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Gross income for the taxable year of any taxpayer described in subsection (b) (notwithstanding section 207 of the Social Security Act) includes Social Security benefits in an amount equal to the lesser of—</text>
 <paragraph id="HDEF21E87BD14413CA018B493B809B84E"><enum>(1)</enum><text>85 percent of the Social Security benefits received during the taxable year, or</text> </paragraph><paragraph id="HD9EE74A8305041A798540DF011D80155"><enum>(2)</enum><text>one-half of the excess described in subsection (b)(1).</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="H551E7539E9934582AECF3B84A9579F88"><enum>(b)</enum><header>Base amount</header><text>Subsection (c) of section 86 of such Code is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H29952DF05E9048C68773E44391DA6949" style="OLC"> <subsection id="HE84C56F6F3734CF682FE43FA51217994"><enum>(c)</enum><header>Base amount</header><text display-inline="yes-display-inline">For purposes of this section, the term <quote>base amount</quote> means—</text>
 <paragraph id="H466723841B9747458FC8743174C3B424"><enum>(1)</enum><text display-inline="yes-display-inline">except as otherwise provided in this paragraph, $50,000,</text> </paragraph><paragraph id="H76857CAD48564393BC9343C1A95D3919"><enum>(2)</enum><text>$100,000 in the case of a joint return, and</text>
 </paragraph><paragraph id="H3FAB694D92F045059790724A33DBC436"><enum>(3)</enum><text>zero in the case of a taxpayer who—</text> <subparagraph id="HA618FE2BCEB145C98577F1A8FFE4C61F"><enum>(A)</enum><text>is married as of the close of the taxable year (within the meaning of section 7703) but does not file a joint return for such year, and</text>
 </subparagraph><subparagraph id="H8A5B8A80C39A49C4A799B3C78FBC3524"><enum>(B)</enum><text>does not live apart from his spouse at all times during the taxable year.</text></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H51726AB1E9B5480884BBD7D9F7360580"><enum>(c)</enum><header>Hospital Insurance Trust Fund held harmless</header><text>Section 121(e)(1) of the Social Security Amendments of 1986 (<external-xref legal-doc="usc" parsable-cite="usc/42/401">42 U.S.C. 401</external-xref> note) is amended by adding at the end the following new subparagraph:</text>
					<quoted-block display-inline="no-display-inline" id="H0F46F1FBEBE5422F8311DC560E5EA6B0" style="traditional">
 <subparagraph id="HA7801D37700B4B42AA0CB8C10D449D74" indent="up1"><enum>(C)</enum><text display-inline="yes-display-inline">The amounts appropriated to the hospital insurance trust fund by subparagraph (B) shall be determined, and transferred from the general fund, at such times and in such manner so as to replicate, to the extent possible, the appropriations and transfers which would have occurred with respect to such trust fund had subsections (a) and (b) of section 104 of the <short-title>Social Security 2100 Act</short-title> not been enacted.</text></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="H911C5ECD4C3F4CF5B203A62F3B7F74FE"><enum>(d)</enum><header>Effective date</header><text>The amendments made by this section shall apply to taxable years beginning after December 31, 2017.</text> </subsection></section><section id="H1C9A332EAA784A559DC8E399E3A14C6C"><enum>105.</enum><header>Holding SSI, Medicaid, and CHIP beneficiaries harmless</header><text display-inline="no-display-inline">For purposes of determining the income of an individual to establish eligibility for, and the amount of, benefits payable under title XVI of the Social Security Act, eligibility for medical assistance under the State plan under title XIX (or a waiver of such plan), or eligibility for child health assistance under the State child health plan under title XXI (or a waiver of the plan), the amount of any benefit to which the individual is entitled under title II of such Act shall be deemed not to exceed the amount of the benefit that would be determined for such individual under such title as in effect on the day before the date of the enactment of this Act.</text>
			</section></title><title id="H443CE527F97A4427A137458A06BB3D0F"><enum>II</enum><header>Strengthening the Trust Fund</header>
			<section id="HF64C2C3839424245AC12C2FB09F85426" section-type="subsequent-section"><enum>201.</enum><header>Determination of wages and self-employment income above contribution and benefit base after 2017</header>
				<subsection id="HAE38992ECBD74BF3AB43DCAAC7E98D8D"><enum>(a)</enum><header>Determination of wages above contribution and benefit base after 2017</header>
					<paragraph id="HEF702207F3804C7FBA38ED4264B29C60"><enum>(1)</enum><header>Amendments to the Internal Revenue Code</header>
 <subparagraph id="H6C36E9C8C2144F2E8624157061C9E59A"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/3121">section 3121(a)</external-xref> of the Internal Revenue Code of 1986 is amended by inserting after <quote>such calendar year.</quote> the following: <quote>The preceding sentence shall apply only to calendar years for which the contribution and benefit base (as so determined) is less than $400,000, and, for such calendar years, only to the extent remuneration paid to such employee by such employer with respect to employment does not exceed $400,000.</quote>.</text>
 </subparagraph><subparagraph id="H52EB3A1F84F1482A8CDBF46F3CCCB0A3"><enum>(B)</enum><header>Conforming amendment</header><text>Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/3121">section 3121(a)</external-xref> of the Internal Revenue Code of 1986 is amended by striking <quote>Act) to</quote> and inserting <quote>Act), or in excess of $400,000, to</quote>.</text> </subparagraph></paragraph><paragraph id="HF2DFF87F200B44D288F75DE32CA5FA87"><enum>(2)</enum><header>Amendment to the Social Security Act</header><text display-inline="yes-display-inline">Section 209(a)(1)(I) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/409">42 U.S.C. 409(a)(1)(I)</external-xref>) is amended by inserting before the semicolon at the end the following: <quote>except that this subparagraph shall apply only to calendar years for which the contribution and benefit base (as so determined) is less than $400,000, and, for such calendar years, only to the extent remuneration paid to such employee by such employer with respect to employment does not exceed $400,000</quote>.</text>
 </paragraph><paragraph id="H76A799AC891E40C59ADEC76BCD4AE2FE"><enum>(3)</enum><header>Effective date</header><text>The amendments made by this subsection shall apply with respect to remuneration paid in calendar years after 2017.</text>
					</paragraph></subsection><subsection id="HC4A75075E1CA420E91C3812D4B90F1FB"><enum>(b)</enum><header>Determination of self-Employment income above contribution and benefit base after 2017</header>
					<paragraph id="H4185BA1F49B64962B99EEF38B8C067F5"><enum>(1)</enum><header>Amendments to the Internal Revenue Code</header>
 <subparagraph display-inline="no-display-inline" id="H810775FE8979447099E210BC78B4335B"><enum>(A)</enum><header>In general</header><text>Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/1402">section 1402(b)</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text>
							<quoted-block display-inline="no-display-inline" id="HB5B41EBF41954774B37BB165E8A0749C" style="OLC">
 <paragraph id="HD550D51B32924BCFA0947C2F55D59EC6"><enum>(1)</enum><text display-inline="yes-display-inline">in the case of the tax imposed by section 1401(a), an amount equal to—</text> <subparagraph id="HA25C67E3391A436E81986618556428A7"><enum>(A)</enum><text>$400,000, reduced (but not below zero) by</text>
 </subparagraph><subparagraph id="H0C08F59D42F846CC82BBA68680F19A71"><enum>(B)</enum><text>the sum of—</text> <clause id="H4592B7A8D2DD420FBFA1273B17BF889D"><enum>(i)</enum><text>the part of the net earnings from self-employment (if any) which is not in excess of—</text>
 <subclause id="H958F57EF839F4A0895C5413FDAE08840"><enum>(I)</enum><text display-inline="yes-display-inline">the amount equal to the contribution and benefit base (as determined under section 230 of the Social Security Act) which is effective for the calendar year in which such taxable year begins, minus</text>
 </subclause><subclause id="HF73ECE47C8CC45919BB5D2802CDBBE4D"><enum>(II)</enum><text display-inline="yes-display-inline">the amount of the wages paid to such individual during such taxable year, plus</text> </subclause></clause><clause id="HF7726D5E924E457CABF79C85D5543CAD"><enum>(ii)</enum><text>the amount of the wages paid to such individual during such taxable year which is in excess of the amount in clause (i)(I); or</text></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </subparagraph><subparagraph id="H5DAA015ADFD14299BB40FDC26D6AEB3E"><enum>(B)</enum><header>Phaseout</header><text>Subsection (b) of <external-xref legal-doc="usc" parsable-cite="usc/26/1402">section 1402</external-xref> of the Internal Revenue Code of 1986 is amended by adding at the end the following: <quote>Paragraph (1) shall apply only to taxable years beginning in calendar years for which the contribution and benefit base (as determined under section 230 of the Social Security Act) is less than $400,000.</quote>.</text>
						</subparagraph></paragraph><paragraph id="H88CCA70A9BC442BAA7B4F1C51B4184A4"><enum>(2)</enum><header>Amendments to the Social Security Act</header>
 <subparagraph id="H1ACBED3527CB470B9C3AFC254F832931"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">Section 211(b)(1) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/411">42 U.S.C. 411(b)</external-xref>) is amended—</text> <clause display-inline="no-display-inline" id="H0C6F29CC6E5846C5AFA0333C38F0B72F"><enum>(i)</enum><text>in subparagraph (I)—</text>
 <subclause id="HC2EEE5B87B804B00A5A9A2750F96D08C"><enum>(I)</enum><text>by inserting <quote>and before 2017</quote> after <quote>1974</quote>; and</text> </subclause><subclause id="HA6285D5502D84FFE920E2F1FFDABBFC3"><enum>(II)</enum><text>by striking <quote>or</quote> at the end; and</text>
 </subclause></clause><clause id="HA358D5A3D95747AC89A350337D9ABABB"><enum>(ii)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="H40D8186CDAE3453B99225BF41D7C2FEA" style="OLC"> <subparagraph id="H97AB911C46794CE789A0C86BDB94CBBE"><enum>(J)</enum><text display-inline="yes-display-inline">For any taxable year beginning in any calendar year after 2017, an amount equal to—</text>
 <clause id="H37F53A4F548346ED88F26F994C163CDD"><enum>(i)</enum><text>$400,000, reduced (but not below zero) by</text> </clause><clause display-inline="no-display-inline" id="H1E179CFB830240B4A1DF7A1C5FF7C9FE"><enum>(ii)</enum><text>the sum of—</text>
 <subclause id="HA68C8E3E250E4BC4BC84BE5D13AEE8F2"><enum>(I)</enum><text>the part of the net earnings from self-employment (if any) which is not in excess of—</text> <item id="H3762404E74D64DDF82390265377B83BD"><enum>(aa)</enum><text display-inline="yes-display-inline">the amount equal to the contribution and benefit base (as determined under section 230) which is effective for the calendar year in which such taxable year begins, minus</text>
 </item><item id="H02D3DA64CBA944888F67F428761F3E19"><enum>(bb)</enum><text display-inline="yes-display-inline">the amount of the wages paid to such individual during such taxable year, plus</text> </item></subclause><subclause id="HEE2BFA0F53C048D98523D62CF2E2DE0D"><enum>(II)</enum><text>the amount of the wages paid to such individual during such taxable year which is in excess of the amount in subclause (I)(aa); or</text></subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </clause></subparagraph><subparagraph id="H0453DFAF573F40A1A7E48FF642305FB2"><enum>(B)</enum><header>Phaseout</header><text display-inline="yes-display-inline">Section 211(b) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/411">42 U.S.C. 411(b)</external-xref>) is amended by adding at the end the following: <quote>Paragraph (1) shall apply only to taxable years beginning in calendar years for which the contribution and benefit base (as determined under section 230) is less than $400,000.</quote>.</text>
 </subparagraph></paragraph><paragraph id="HCF4AB409F0E340B0B2DFF181FE72A56E"><enum>(3)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendments made by this subsection shall apply to net earnings from self-employment derived, and remuneration paid, in calendar years after 2017.</text>
					</paragraph></subsection></section><section display-inline="no-display-inline" id="H7B98F971DD884CF6B0FA3BDC8387F3D8" section-type="subsequent-section"><enum>202.</enum><header>Inclusion of earnings over $400,000 in Social Security benefit formula</header>
 <subsection id="H96C953E162324D7182CDA9BC75BA3105"><enum>(a)</enum><header>Inclusion of earnings over $400,000 in determination of primary insurance amounts</header><text>Section 215(a)(1)(A) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(a)(1)(A)</external-xref>) is amended—</text> <paragraph id="HE17DAB5B1A094F3588748EA80F3BD814"><enum>(1)</enum><text>in clause (ii), by striking <quote>and</quote> at the end;</text>
 </paragraph><paragraph id="H0642DA00971D467386079A69D8CA34C8"><enum>(2)</enum><text>in clause (iii), by inserting <quote>and</quote> at the end; and</text> </paragraph><paragraph id="HFE0BB5BA001F4AD1B64D9E28E472ACA6"><enum>(3)</enum><text>by inserting after clause (iii) the following:</text>
						<quoted-block display-inline="no-display-inline" id="H8B5F22EE713847C8838D2C7A7E8510E4" style="traditional">
 <clause id="H890A94DB06424A18A018D8BF3751CFDC" indent="up2"><enum>(iv)</enum><text display-inline="yes-display-inline">2 percent of the individual’s excess average indexed monthly earnings (as defined in subsection (b)(5)(A)).</text></clause><after-quoted-block>.</after-quoted-block></quoted-block>
 </paragraph></subsection><subsection id="HEF67A86289DE485C8E8FB60947A219B1"><enum>(b)</enum><header>Definition of excess average indexed monthly earnings</header><text>Section 215(b) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(b)</external-xref>) is amended—</text> <paragraph id="H1690D1A42B184FFBB2BB0AF04B9FF44B"><enum>(1)</enum><text>by striking <quote>wages</quote> and <quote>self-employment income</quote> each place such terms appear and inserting <quote>basic wages</quote> and <quote>basic self-employment income</quote>, respectively; and</text>
 </paragraph><paragraph id="H5921B45EB01F4B49AF6AFCAAC3F9E7F2"><enum>(2)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="H6E65798C798E41DABBA69D2868678FFE" style="traditional"> <paragraph id="HFDDBA5F0FA4C418A9B3F1D668A3E8AB7" indent="up1"><enum>(5)</enum> <subparagraph commented="no" display-inline="yes-display-inline" id="H4E813CFE21BA47F697CF7EECC3E7EDA5"><enum>(A)</enum><text display-inline="yes-display-inline">An individual's excess average indexed monthly earnings shall be equal to the amount of the individual's average indexed monthly earnings that would be determined under this subsection by substituting <quote>excess wages</quote> for <quote>basic wages</quote> and <quote>excess self-employment income</quote> for <quote>basic self-employment income</quote> each place such terms appear in this subsection (except in this paragraph).</text>
 </subparagraph><subparagraph id="HC9DDCED0F3864D1FAE4FE161B6B32541" indent="up1"><enum>(B)</enum><text display-inline="yes-display-inline">For purposes of this subsection—</text> <clause id="HCA43B5290AA6416F89662402C9D4B0B5"><enum>(i)</enum><text display-inline="yes-display-inline">the term <quote>basic wages</quote> means that portion of the wages of an individual paid in a year that does not exceed the contribution and benefit base for the year;</text>
 </clause><clause id="HE1A94673F8EA4D418620226A03A11272"><enum>(ii)</enum><text display-inline="yes-display-inline">the term <quote>basic self-employment income</quote> means that portion of the self-employment income of an individual credited to a year that does not exceed an amount equal to the contribution and benefit base for the year minus the amount of the wages paid to the individual in the year;</text>
 </clause><clause id="H8EFB6C61B5CB4C84A4200AE8FDCCC4B6"><enum>(iii)</enum><text>the term <quote>excess wages</quote> means that portion of the wages of an individual paid in a year after 2017 in excess of the higher of $400,000 or the contribution and benefit base for the year; and</text>
 </clause><clause id="HCAAF46B09B96451F8F8B85D6C43F6C28"><enum>(iv)</enum><text>the term <quote>excess self-employment income</quote> means that portion of the self-employment income of an individual credited to a year after 2017 in excess of the higher of $400,000 or such contribution and benefit base.</text></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
 </paragraph></subsection><subsection id="HB0BD3B3D5F83461E8E29B9C7C73F3545"><enum>(c)</enum><header>Conforming amendment</header><text display-inline="yes-display-inline">Section 215(e)(1) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/415">42 U.S.C. 415(e)(1)</external-xref>) is amended by inserting <quote>and before 2018</quote> after <quote>after 1974</quote>.</text> </subsection><subsection display-inline="no-display-inline" id="H5A9B8F22C5E04E3AA23564B7E293E8BC"><enum>(d)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendments made by this section shall apply with respect to individuals who initially become eligible (within the meaning of section 215(a)(3)(B) of the Social Security Act) for old-age or disability insurance benefits under title II of the Social Security Act, or who die (before becoming eligible for such benefits), in any calendar year after 2017.</text>
				</subsection></section><section id="HEC67C743C6934EECBECEF7381C5F642D"><enum>203.</enum><header>Adjustment to the Social Security insurance contribution</header>
 <subsection id="HC56ED1C383FF4C7288A06CAA9FCE480C"><enum>(a)</enum><header>Tax on Employees</header><text display-inline="yes-display-inline">The table in subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/3101">section 3101</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text>
					<quoted-block display-inline="no-display-inline" id="H23AAF00728234DB48265904C0B5EBF54" style="OLC">
						<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" table-template-name="Flush/hang, 1 text, 1 num, bold hds" table-type="Leaderwork">
							<tgroup cols="2" rowsep="0"><colspec coldef="txt" colname="column1" colwidth="258pts" min-data-value="70"></colspec><colspec coldef="fig" colname="column2" colwidth="233.25pt" min-data-value="12"></colspec><thead>
									<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold>In cases of wages</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>The rate of tax</bold></entry></row>
									<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold> received during:</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>shall be:</bold></entry></row></thead>
								<tbody>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">1990 or any calendar year before 2019</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.20 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2019</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.25 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2020</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.30 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2021</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.35 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2022</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.40 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2023</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.45 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2024</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.50 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2025</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.55 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2026</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.60 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2027</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.65 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2028</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.70 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2029</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.75 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2030</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.80 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2031</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.85 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2032</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.90 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2033</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.95 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2034</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.00 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2035</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.05 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2036</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.10 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2037</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.15 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2038</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.20 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2039</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.25 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2040</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.30 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2041</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.35 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">any calendar year after 2041</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.40 percent</entry></row></tbody></tgroup></table><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="HAAF8564EA8DB444B8C092D032A17B288"><enum>(b)</enum><header>Tax on Employers</header><text display-inline="yes-display-inline">The table in subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/3111">section 3111</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text>
					<quoted-block display-inline="no-display-inline" id="HCB202302B417493F93BFC1E7798A7D58" style="OLC">
						<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" table-template-name="Flush/hang, 1 text, 1 num, bold hds" table-type="Leaderwork">
							<tgroup cols="2" rowsep="0"><colspec coldef="txt" colname="column1" colwidth="258pts" min-data-value="70"></colspec><colspec coldef="fig" colname="column2" colwidth="246.75pt" min-data-value="12"></colspec><thead>
									<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold>In cases of wages</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>The rate of tax</bold></entry></row>
									<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold> received during:</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>shall be:</bold></entry></row></thead>
								<tbody>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">1990 or any calendar year before 2019</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.20 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2019</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.25 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2020</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.30 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2021</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.35 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2022</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.40 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2023</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.45 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2024</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.50 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2025</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.55 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2026</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.60 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2027</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.65 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2028</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.70 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2029</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.75 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2030</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.80 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2031</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.85 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2032</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.90 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2033</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">6.95 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2034</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.00 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2035</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.05 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2036</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.10 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2037</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.15 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2038</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.20 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2039</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.25 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2040</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.30 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2041</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.35 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">any calendar year after 2041</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">7.40 percent</entry></row></tbody></tgroup></table><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="H7E11E8BA77F74B3F9ACFCD430AEFB729"><enum>(c)</enum><header>Self-Employment Income</header><text display-inline="yes-display-inline">The table in subsection (a) of <external-xref legal-doc="usc" parsable-cite="usc/26/1401">section 1401</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text>
					<quoted-block display-inline="no-display-inline" id="H93DB14A58CE04C4DADC33B5315844720" style="OLC">
						<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" table-template-name="Flush/hang, 1 text, 1 num, bold hds" table-type="Leaderwork">
							<tgroup cols="2" rowsep="0"><colspec coldef="txt" colname="column1" colwidth="258pts" min-data-value="70"></colspec><colspec coldef="fig" colname="column2" colwidth="253.50pt" min-data-value="12"></colspec><thead>
									<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold>In cases of wages</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>The rate of tax</bold></entry></row>
									<row><entry align="left" colname="column1" morerows="0" namest="column1" rowsep="0"><bold> received during:</bold></entry><entry align="right" colname="column2" morerows="0" namest="column2" rowsep="0"><bold>shall be:</bold></entry></row></thead>
								<tbody>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">1990 or any calendar year before 2019</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.40 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2019</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.50 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2020</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.60 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2021</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.70 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2022</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.80 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2023</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">12.90 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2024</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.00 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2025</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.10 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2026</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.20 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2027</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.30 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2028</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.40 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2029</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.50 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2030</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.60 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2031</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.70 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2032</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.80 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2033</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">13.90 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2034</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.00 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2035</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.10 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2036</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.20 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2037</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.30 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2038</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.40 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2039</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.50 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2040</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.60 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">2041</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.70 percent</entry></row>
									<row><entry align="left" colname="column1" rowsep="0" stub-definition="txt-ldr">any calendar year after 2041</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">14.80 percent</entry></row></tbody></tgroup></table><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="H2D4B0C05FD0F4795A98306F48BD5953E"><enum>(d)</enum><header>Effective date</header><text>The amendments made by this section shall apply to remuneration received, and taxable years beginning, after December 31, 2017.</text>
				</subsection></section><section id="HBE163C86CCCD4BCA968F70250E120718"><enum>204.</enum><header>Social Security Trust Fund established</header>
 <subsection id="HCB91318B6678471687FCCCE1F6880BD0"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 201(a) of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/401">42 U.S.C. 401(a)</external-xref>) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H8CEC1CCFFA544B9A84C25D21C488795C" style="OLC"> <subsection id="H3111EA2D31C74A7AB07830BBC5AE4E42"><enum>(a)</enum><text display-inline="yes-display-inline">There is hereby created on the books of the Treasury of the United States a trust fund to be known as the <quote>Social Security Trust Fund</quote>. 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 1 of the first calendar year beginning after the date of the enactment of section 204 of the <short-title>Social Security 2100 Act</short-title>, which securities and amount the Secretary of the Treasury is authorized and directed to transfer to the Social Security Trust Fund, and, in addition, such gifts and bequests as may be made as provided in subsection (i)(1), and such amounts as may be appropriated to, or deposited in, the Social Security Trust Fund as hereinafter provided. There is hereby appropriated to the Social Security Trust Fund for the first fiscal year that begins after date of the enactment of section 204 of the <short-title>Social Security 2100 Act</short-title>, and for each fiscal year thereafter, out of any moneys in the Treasury not otherwise appropriated, amounts equivalent to 100 percent of—</text>
 <paragraph id="H0546481F1CB44B8397E17DD199EC4698"><enum>(1)</enum><text>the taxes imposed by chapter 21 (other than sections 3101(b) and 3111(b)) of the Internal Revenue Code of 1986 with respect to wages (as defined in section 3121 of such Code) reported to the Secretary of the Treasury pursuant to subtitle F of the Internal Revenue Code of 1986, as determined by the Secretary of the Treasury by applying the applicable rates of tax under such chapter (other than sections 3101(b) and 3111(b)) to such wages, 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 reports; and</text>
 </paragraph><paragraph id="H91147B26D8AC42699391B75B93D59BF9"><enum>(2)</enum><text>the taxes imposed by chapter 2 (other than <external-xref legal-doc="usc" parsable-cite="usc/26/1401">section 1401(b))</external-xref> of the Internal Revenue Code of 1986 with respect to self-employment income (as defined in section 1402 of such Code) reported to the Secretary of the Treasury on tax returns under subtitle F of such Code, as determined by the Secretary of the Treasury by applying the applicable rate of tax under such chapter (other than section 1401(b)) to such self-employment income, 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 returns.</text>
							</paragraph><continuation-text continuation-text-level="subsection">The amounts appropriated by paragraphs (1) and (2) shall be transferred from time to time from the
			 general fund in the Treasury to the Social Security Trust Fund, such
			 amounts to be determined on the basis of estimates by the Secretary of the
			 Treasury of the taxes, specified in paragraphs (1) and (2), paid to or
			 deposited into the Treasury; 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 paragraphs (1) and
			 (2). 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 Fund.
			 Notwithstanding the preceding sentence, 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
			 month, 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
			 1, 1990; 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 (calculated
			 on a daily basis, 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 1, 1983) equal to the rate earned by the investments of
			 the Trust Fund in the same month under subsection (d).</continuation-text></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
 </subsection><subsection id="HF2EA15F6D506416487D64DFD47C23D9C"><enum>(b)</enum><header>Required actuarial analysis</header><text>Section 201(c) of the Social Security Act is amended by striking the fourth sentence in the matter following paragraph (5) and inserting the following: <quote>Such report shall also include actuarial analysis of the benefit cost with respect to disabled beneficiaries and their auxiliaries, to retired beneficiaries and their auxiliaries, and to survivor beneficiaries.</quote>.</text>
				</subsection><subsection id="H73792A008E3F4649BBC20BE93F724C7B"><enum>(c)</enum><header>Board of Trustees</header>
 <paragraph display-inline="no-display-inline" id="HD206B041BE4F45E396303B48A518EF6C"><enum>(1)</enum><header>Board of Trustees of Social Security Trust Fund</header><text display-inline="yes-display-inline">Section 201(c) of the Social Security Act, as amended by subsection (b) of this section, is further amended in the matter preceding paragraph (1) by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (hereinafter in this title called the <quote>Trust Funds</quote>)</quote> and inserting <quote>the Social Security Trust Fund (in this title referred to as the <quote>Trust Fund</quote>)</quote>.</text>
 </paragraph><paragraph id="H2059C16B1441497184097D80FC0AAE90"><enum>(2)</enum><header>Continuity of Board of Trustees</header><text display-inline="yes-display-inline">The Board of Trustees of the Social Security Trust Fund created by the amendment made by subsection (a) 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 amendment. 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 Fund.</text>
					</paragraph></subsection><subsection id="H6A51C273074A46F2B960BECF875B4DAD"><enum>(d)</enum><header>Conforming amendments related to Social Security Trust Fund</header>
 <paragraph id="HA3488CE1C11943619D7624F143572459"><enum>(1)</enum><header>Amendment to section heading</header><text display-inline="yes-display-inline">The section heading for section 201 of the Social Security Act is amended to read as follows: <quote><header-in-text level="section" style="traditional">Social Security Trust Fund</header-in-text></quote>.</text> </paragraph><paragraph id="HAEFBB0DE3AE342E6A21B5852C3B7E72E"><enum>(2)</enum><header>Board of Trustees</header><text display-inline="yes-display-inline">Section 201(c) of such Act, as amended by subsections (b) and (c)(1), is further amended—</text>
 <subparagraph id="H614C371C47564B30AB92FBA86698E00A"><enum>(A)</enum><text display-inline="yes-display-inline">in the matter preceding paragraph (1), by striking <quote>Board of Trustees of the Trust Funds</quote> and inserting <quote>Board of Trustees of the Trust Fund</quote>;</text> </subparagraph><subparagraph id="H4B2BCA96BAC74552B4F41B0C8EC03730"><enum>(B)</enum><text display-inline="yes-display-inline">in paragraph (1), by striking <quote>Trust Funds</quote> and inserting <quote>Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H380C2E7844C74F4F82C43488FAE6D169"><enum>(C)</enum><text>in paragraph (2)—</text> <clause id="H10F5F794C621432D8C1949005526F303"><enum>(i)</enum><text display-inline="yes-display-inline">by striking <quote>Trust Funds</quote> and inserting <quote>Trust Fund</quote>; and</text>
 </clause><clause id="H862BF9EB7E1B4CCE90F68C5815C8DA5C"><enum>(ii)</enum><text>by striking <quote>their</quote> and inserting <quote>its</quote>;</text> </clause></subparagraph><subparagraph id="HF4085F90C730412DA4DFA0CB1BAD2E4D"><enum>(D)</enum><text display-inline="yes-display-inline">in paragraph (3), by striking <quote>either of the Trust Funds</quote> and inserting <quote>the Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="HB0055D34372B4CE1A796B5013C0A45F8"><enum>(E)</enum><text>in paragraph (5)—</text> <clause id="H5B626EBF772144D5A995417139FFF098"><enum>(i)</enum><text>by striking <quote>managing the Trust Funds</quote> and inserting <quote>managing the Trust Fund</quote>; and</text>
 </clause><clause id="HEF38267277554172AACB5E3993F8B069"><enum>(ii)</enum><text>by striking <quote>Trust Funds are</quote> and inserting <quote>Trust Fund is</quote>;</text> </clause></subparagraph><subparagraph id="H85B668CB985E41F692C2672A328013DE"><enum>(F)</enum><text display-inline="yes-display-inline">in the matter following paragraph (5), by striking <quote>Trust Funds</quote> each place it appears and inserting <quote>Trust Fund</quote>; and</text>
 </subparagraph><subparagraph id="H249AA9819A3248AABB700A480BAC2EB4"><enum>(G)</enum><text display-inline="yes-display-inline">in the second sentence in the matter following paragraph (5), by striking <quote>whether the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, individually and collectively, are</quote> and inserting <quote>whether the Social Security Trust Fund is</quote>.</text>
 </subparagraph></paragraph><paragraph id="H5F128A05DED0490494C97B610E68F40F"><enum>(3)</enum><header>Investments</header><text>Section 201 of such Act is amended in subsections (d) and (e) by striking <quote>Trust Funds</quote> each place it appears and inserting <quote>Trust Fund</quote>.</text> </paragraph><paragraph id="H765AA8C9ABA343B39559F7BC30AB1ECB"><enum>(4)</enum><header>Crediting of interest and proceeds to Trust Funds</header><text>Section 201(f) of such Act is amended—</text>
 <subparagraph id="H4C124365FAAC485B9367F39F21341A34"><enum>(A)</enum><text>by striking <quote>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 Fund, respectively</quote> and inserting <quote>the Social Security Trust Fund shall be credited to and form a part of the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H5D15671E49D9475D9675AA059E0286BA"><enum>(B)</enum><text>by striking <quote>either of the Trust Funds</quote> and inserting <quote>the Trust Fund</quote>; and</text> </subparagraph><subparagraph id="H5E006CFC23684A3A8359D3BF99F84B78"><enum>(C)</enum><text>by striking <quote>such Trust Fund</quote> and inserting <quote>the Trust Fund</quote>.</text>
 </subparagraph></paragraph><paragraph id="H1908CF17D87744F0B585DE57F2E61410"><enum>(5)</enum><header>Administrative costs</header><text>Section 201(g) of such Act is amended—</text> <subparagraph id="H31622E2E3F444660AD74623AA2F6667E"><enum>(A)</enum><text display-inline="yes-display-inline">in paragraph (1)—</text>
 <clause id="HFAB373F5CB824E9C949F66DA3E82D6C4"><enum>(i)</enum><text>in subparagraph (A), by striking <quote>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</quote> and all that follows through <quote>(<external-xref legal-doc="public-law" parsable-cite="pl/103/296">Public Law 103–296</external-xref>).</quote>;</text>
 </clause><clause id="H8B99D72E37B14AEBA5E0F884188AE975"><enum>(ii)</enum><text>in subparagraph (B)(i)—</text> <subclause id="H0438C99A8CC24615829F458835064D0B"><enum>(I)</enum><text>by striking subclauses (II) and (III) and inserting the following:</text>
									<quoted-block display-inline="no-display-inline" id="H775DA4DB161E478BAD9179780D34CA9D" style="OLC">
 <subclause id="HC65DF17F11D746189EC2679E0F98E3A5" indent="up2"><enum>(II)</enum><text display-inline="yes-display-inline">the portion of such costs which should have been borne by the Social Security Trust Fund,</text></subclause><after-quoted-block>; and</after-quoted-block></quoted-block> </subclause><subclause id="HA6E16005657245E79375FFEB8A000EF4"><enum>(II)</enum><text>by redesignating subclauses (IV) and (V) as subclauses (III) and (IV);</text>
 </subclause></clause></subparagraph><subparagraph id="H993026C859E84EBA94747F3DB0F2B9E2"><enum>(B)</enum><text>in paragraph (2)—</text> <clause id="HAE8D61DEC9FF4BEF86382FB007DD7D7D"><enum>(i)</enum><text display-inline="yes-display-inline">by striking <quote>Trust Funds</quote> and inserting <quote>Trust Fund</quote>; and</text>
 </clause><clause id="H1B0CE7A4D18542058F428BC80690A271"><enum>(ii)</enum><text>by striking the last sentence; and</text> </clause></subparagraph><subparagraph id="H57C90B041C7C47CC8C5E1A81089BE53D"><enum>(C)</enum><text display-inline="yes-display-inline">in paragraph (4), by striking <quote>Trust Funds</quote> each place it appears and inserting <quote>Trust Fund</quote>.</text>
 </subparagraph></paragraph><paragraph id="H2D8860EE1CCB44088AFB025D6D148FAA"><enum>(6)</enum><header>Benefit payments</header><text>Section 201(h) of such Act is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="HED8F3A1880B74EB2B47113946165952D" style="OLC"> <subsection id="HDF341E89FB9246D09692E49E48CE71A6"><enum>(h)</enum><text display-inline="yes-display-inline">All benefit payments required to be made under this title shall be made only from the Social Security Trust Fund.</text></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
 </paragraph><paragraph id="H68610B185AB9413A8867BD91A797A8A4"><enum>(7)</enum><header>Gifts</header><text>Section 201(i) of such Act is amended—</text> <subparagraph id="HEE1D4A46640D4D5DAB48248D50723E84"><enum>(A)</enum><text>in paragraph (1), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>; and</text>
 </subparagraph><subparagraph id="H9196197287C6451D82F60AC3E3AC5C5A"><enum>(B)</enum><text>in paragraph (2)(B), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>.</text> </subparagraph></paragraph><paragraph id="H315778592B504026931C42D0FC56F5CB"><enum>(8)</enum><header>Travel expenses</header><text>Section 201(j) of such Act is amended by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund, or the Federal Disability Insurance Trust Fund (as determined appropriate by the Commissioner of Social Security)</quote> and inserting <quote>the Social Security Trust Fund</quote>.</text>
 </paragraph><paragraph id="H6F0E9584AB1B4562835E3F92F342F702"><enum>(9)</enum><header>Demonstration projects</header><text>Section 201(k) of such Act is amended by striking <quote>the Federal Disability Insurance Trust Fund and the Federal Old-Age and Survivors Insurance Trust Fund, as determined appropriate by the Commissioner of Social Security</quote> and inserting <quote>the Social Security Trust Fund</quote>.</text>
 </paragraph><paragraph id="HA2D2FA217D5F47738D5A63788FDF9582"><enum>(10)</enum><header>Benefit checks</header><text>Section 201(m) of such Act is amended—</text> <subparagraph id="HADAC5D12AA814A479D900874E2DD34C2"><enum>(A)</enum><text>in paragraph (2), by striking <quote>each of the Trust Funds</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H0BC67E9594B34D9A887978A0750B71AD"><enum>(B)</enum><text>in paragraph (3), by striking <quote>one of the Trust Funds</quote> and inserting <quote>the Trust Fund</quote>; and</text> </subparagraph><subparagraph id="H1E195B84D5C84BDA8C63AFB3CB4C0750"><enum>(C)</enum><text>by striking <quote>such Trust Fund</quote> each place it appears and inserting <quote>the Trust Fund</quote>.</text>
						</subparagraph></paragraph><paragraph id="H5173087D2E00491DA1A1D37496275D37"><enum>(11)</enum><header>Conforming repeals</header>
 <subparagraph id="H6E29F48507264B7EAB6A728C2480383F"><enum>(A)</enum><header>In general</header><text>Section 201 of such Act is amended by striking subsections (b), (l), and (n).</text> </subparagraph><subparagraph id="HF3463F4993E949B2AA599BC69AD107E6"><enum>(B)</enum><header>Redesignations</header><text>Section 201 of such Act is further amended—</text>
 <clause id="H0D84E753AA9E4A778A92BF5077D3A6D4"><enum>(i)</enum><text>by redesignating subsections (c) through (j) as subsections (b) through (i), respectively;</text> </clause><clause id="HA6F4C05DAE184761AD02033EA4BBC64E"><enum>(ii)</enum><text>by redesignating subsection (k) as subsection (j); and</text>
 </clause><clause id="H462FD398353241A3BD652E5949EE1627"><enum>(iii)</enum><text>by redesignating subsection (m) as subsection (k).</text> </clause></subparagraph><subparagraph id="H959EAEE3B0B349C9B9CB0AEB3C5DA64D"><enum>(C)</enum><header>References to redesignated sections</header> <clause id="H9AB3300E301D4598B6BFEBA5841C94B0"><enum>(i)</enum><text>Section 201(a) of such Act, as amended by subsection (a) of this section, is further amended—</text>
 <subclause id="H72D8BA129E2A4BF3AAD8E5FEC78406EE"><enum>(I)</enum><text>by striking <quote>subsection (i)(1)</quote> and inserting <quote>subsection (h)(1)</quote>; and</text> </subclause><subclause id="H8E2E39618AB74B33A8D50F1AA9F62025"><enum>(II)</enum><text>by striking <quote>subsection (d)</quote> and inserting <quote>subsection (c)</quote>.</text>
 </subclause></clause><clause id="HE11173F699624B05995CBE47B4A0F4EA"><enum>(ii)</enum><text>Section 1131(b)(1) of such Act is amended by striking <quote>section 201(g)(1)</quote> and inserting <quote>section 201(f)(1)</quote>.</text> </clause></subparagraph></paragraph></subsection><subsection id="HFE411643FDF64EEEB37567D1D1E1F1F5"><enum>(e)</enum><header>Other conforming amendments to Social Security Act</header> <paragraph id="H519A48856A724A8CBE39FD7720438EE8"><enum>(1)</enum><header>Title II</header><text>Title II of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/401">42 U.S.C. 401</external-xref> et seq.) is amended—</text>
 <subparagraph id="H8C12A0FAB60648288FA6C4521552EF11"><enum>(A)</enum><text display-inline="yes-display-inline">in section 202(x)(3)(B)(iii), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, as appropriate,</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H63FFCADAAFAB4D1BAB7209FF75855501"><enum>(B)</enum><text display-inline="yes-display-inline">in section 206(d)(5), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, as appropriate</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H84C46305B7F04460BCBE906501AE8F01"><enum>(C)</enum><text display-inline="yes-display-inline">in section 206(e)(3)(B), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H1623C10B65AB46BE8F5B0702D3032612"><enum>(D)</enum><text display-inline="yes-display-inline">in section 208(b)(5)(A), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, as appropriate</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H07FE8D4DF5634C979CDA2E34FC92B6A4"><enum>(E)</enum><text>in section 215(i)(1)(F)—</text> <clause id="HE1B0BD1CD6094240982EF77045140C17"><enum>(i)</enum><text>in clause (i)—</text>
 <subclause id="H5BF54A39925D477F92860EA21BD14280"><enum>(I)</enum><text>by striking <quote>the combined balance in the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>the balance in the Social Security Trust Fund</quote>; and</text>
 </subclause><subclause id="H7C2E2391B8AF40F98CDFC83EEF52AF90"><enum>(II)</enum><text display-inline="yes-display-inline">by striking <quote>and reduced by the outstanding amount of any loan (including interest thereon) theretofore made to either such Fund from the Federal Hospital Insurance Trust Fund under section 201(l)</quote>; and</text>
 </subclause></clause><clause id="H50F2C70355A24254AF4ED4B7EDFFAC01"><enum>(ii)</enum><text>in clause (ii)—</text> <subclause id="H1B21C8EE3CED4134B619099A270F09E4"><enum>(I)</enum><text>by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>; and</text>
 </subclause><subclause id="HA85C9E43265B4C2B80C9A2DAF2582159"><enum>(II)</enum><text>by striking <quote>(other than payments</quote> and all that follows through <quote>from that Account</quote>;</text> </subclause></clause></subparagraph><subparagraph commented="no" id="HD057EEA57E67423B8B86CC4DCBA2DA3B"><enum>(F)</enum><text>in section 217(g)(2), by inserting after the first sentence the following: <quote>For purposes of any such revision of the amount determined under paragraph (1) that occurs in a year after 2015, 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 Fund.</quote>;</text>
 </subparagraph><subparagraph id="H9616B7509ACB4C0788DE5AC6A3995E6E"><enum>(G)</enum><text>in section 221(e)—</text> <clause id="H2A09FFD451AB4C64B514810864484AC1"><enum>(i)</enum><text display-inline="yes-display-inline">by striking <quote>Trust Funds</quote> each place it appears and inserting <quote>Trust Fund</quote>; and</text>
 </clause><clause id="HBDE482F1151842CD85C7A503C25FEAFA"><enum>(ii)</enum><text>by striking the last sentence;</text> </clause></subparagraph><subparagraph id="H717A1E3944B847F3AC9397F9B60A37DE"><enum>(H)</enum><text display-inline="yes-display-inline">in section 221(f), by striking <quote>Trust Funds</quote> and inserting <quote>Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="HCD3231E5FFD548E4913587806C22C372"><enum>(I)</enum><text>in section 222(d)—</text> <clause id="HFC4320551EE144A182FCD80C06E79D49"><enum>(i)</enum><text display-inline="yes-display-inline">in the section heading, by striking <quote><header-in-text level="subsection" style="traditional">Trust Funds</header-in-text></quote> and inserting <quote><header-in-text level="subsection" style="traditional">Trust Fund</header-in-text></quote>;</text>
 </clause><clause id="HA93F869716934D8FB81F3E7C964AE6F0"><enum>(ii)</enum><text>in paragraph (1), by striking <quote>to the end that savings will accrue to the Trust Funds as a result of rehabilitating such individuals, there are authorized to be transferred from the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>to the end that savings will accrue to the Trust Fund as a result of rehabilitating such individuals, there are authorized to be transferred from the Social Security Trust Fund</quote>; and</text>
 </clause><clause id="H0E6E077EC3864BDBBFB567BD14369317"><enum>(iii)</enum><text>by amending paragraph (4) to read as follows:</text> <quoted-block display-inline="no-display-inline" id="HBFF049F8E0F14D7A9A9F1A535D31DB94" style="OLC"> <paragraph id="H2F9DF5D4807C4B8F8FFFBC7E901A1D4F" indent="up1"><enum>(4)</enum><text display-inline="yes-display-inline">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 subsection.</text></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
 </clause></subparagraph><subparagraph id="H84F4DC0176634E65BCF4F987CB1AB2FA"><enum>(J)</enum><text>in section 228(g)—</text> <clause id="H96080C78B5614CAA9B4136259110855A"><enum>(i)</enum><text>in the section heading, by striking <quote><header-in-text level="subsection" style="traditional">Federal Old-Age and Survivors Insurance Trust Fund</header-in-text></quote> and inserting <quote><header-in-text level="subsection" style="traditional">Social Security Trust Fund</header-in-text></quote>; and</text>
 </clause><clause id="HAAB4A6AEAF334067A69F36FD3DC9FEF7"><enum>(ii)</enum><text display-inline="yes-display-inline">in the matter preceding paragraph (1), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>;</text> </clause></subparagraph><subparagraph id="HC2B968263BA94E4597B601107BC65F9A"><enum>(K)</enum><text display-inline="yes-display-inline">in section 231(c), by striking <quote>Trust Funds</quote> each place it appears and inserting <quote>Trust Fund</quote>; and</text>
 </subparagraph><subparagraph id="H4AA24BD06BBA4D1DBDD787D4BA20828A"><enum>(L)</enum><text display-inline="yes-display-inline">in section 234(a)(1), by striking <quote>Trust Funds</quote> and inserting <quote>Trust Fund</quote>.</text> </subparagraph></paragraph><paragraph id="H32FE0C6E4B224A2F8ABA4E70D9284460"><enum>(2)</enum><header>Title VII</header><text display-inline="yes-display-inline">Title VII of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/901">42 U.S.C. 901</external-xref> et seq.) is amended—</text>
 <subparagraph id="HE5FA251BBE4B4814996A476D74944CF4"><enum>(A)</enum><text>in section 703(j), by striking <quote>Federal Disability Insurance Trust Fund, the Federal Old-Age and Survivors Insurance Trust Fund,</quote> and inserting <quote>Social Security Trust Fund</quote>;</text> </subparagraph><subparagraph id="H0450529C949A4222B546257FD2C09026"><enum>(B)</enum><text>in section 708(c), by striking <quote>the <quote>OASDI trust fund ratio</quote> under section 201(l),</quote> after <quote>computing</quote>;</text>
 </subparagraph><subparagraph id="H75B2F08E4F694BD6944413F35A4EF90E"><enum>(C)</enum><text>in section 709—</text> <clause id="HDADE917F51A84F3E9E4CC4D0C587AD2B"><enum>(i)</enum><text>in subsection (a), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>; and</text>
 </clause><clause id="HB20B045B229442BEB1C6E1FD9B1F8387"><enum>(ii)</enum><text>in subsection (b)—</text> <subclause id="H3CA6D22AF4444A78808CC75920A4E3B1"><enum>(I)</enum><text>in paragraph (1), by striking <quote>section 201(l) or</quote>; and</text>
 </subclause><subclause id="H18FE0336F3BB428AA807337DAB2FC997"><enum>(II)</enum><text>in paragraph (2), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>; and</text> </subclause></clause></subparagraph><subparagraph id="HB939FDD7F0FB49CBB93A560003F9C7B3"><enum>(D)</enum><text>in section 710—</text>
 <clause id="H03BF052CC4D241C8A5C4CE171AC94800"><enum>(i)</enum><text>in subsection (a), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>; and</text> </clause><clause id="H66DBF2C52F6247D18B0B5A059F8349CA"><enum>(ii)</enum><text>in subsection (b)—</text>
 <subclause id="HF927BC20CD16493496A2DF442146502D"><enum>(I)</enum><text display-inline="yes-display-inline">by striking <quote>any Trust Fund specified in subsection (a)</quote> and inserting <quote>the Social Security Trust Fund</quote>; and</text> </subclause><subclause id="H8FE9AA2B5C2B4CE39116D73985685791"><enum>(II)</enum><text>by striking <quote>payments from any such Trust Fund</quote> and inserting <quote>payments from the Social Security Trust Fund</quote>.</text>
 </subclause></clause></subparagraph></paragraph><paragraph id="H80B518B6A6FA4AE09E3E141F6057581B"><enum>(3)</enum><header>Title XI</header><text>Title XI of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/1301">42 U.S.C. 1301</external-xref> et seq.) is amended—</text> <subparagraph id="HF4FA0D33F59F48A59FF4C7620FA0019A"><enum>(A)</enum><text>in section 1106(b), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="HF4502DC90BC64ED09E9339E85CB73D57"><enum>(B)</enum><text>in section 1129(e)(2)(A), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund, as determined appropriate by the Secretary</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H168CAE86E8364C09B3371DC1983792FE"><enum>(C)</enum><text display-inline="yes-display-inline">in sections 1131(b)(2) and 1140(c)(2), by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>;</text> </subparagraph><subparagraph id="H56F2F76D03A54B34847F5A23CC0E9646"><enum>(D)</enum><text>in section 1145(c)—</text>
 <clause id="HF0E2EA54B35A45CA834CE5E6BEC2CEB2"><enum>(i)</enum><text>by striking paragraphs (1) and (2) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="HC110CFFB98C1428F825B3868CD3C9A3D" style="OLC"> <paragraph id="HE7D3CD7D75CE4F2D885786815F67E6DF"><enum>(1)</enum><text display-inline="yes-display-inline">the Social Security Trust Fund;</text></paragraph><after-quoted-block>; and</after-quoted-block></quoted-block>
 </clause><clause id="HD18A76CB61674CDEABCBD77A9BBC7AE8"><enum>(ii)</enum><text>by redesignating paragraphs (3) and (4) as paragraphs (2) and (3), respectively; and</text> </clause></subparagraph><subparagraph id="H7489021D78814E149692A26E06F8B887"><enum>(E)</enum><text>in section 1148(j)(1)(A)—</text>
 <clause id="H6F2736FE10CB4ABC9B61D3AE93831D80"><enum>(i)</enum><text>in the first sentence, by striking <quote>the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>the Social Security Trust Fund</quote>; and</text>
 </clause><clause id="H66D02F716E524FAABFF111D1834D3FD9"><enum>(ii)</enum><text>by striking the second sentence.</text> </clause></subparagraph></paragraph><paragraph id="H5A023435462748C794C0668BB49A0B5D"><enum>(4)</enum><header>Title XVIII</header><text>Title XVIII of the Social Security Act (<external-xref legal-doc="usc" parsable-cite="usc/42/1395">42 U.S.C. 1395</external-xref>) is amended—</text>
 <subparagraph id="H575071FFB5FA46BEB71EB8308C02BE58"><enum>(A)</enum><text>in section 1817(g), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and from the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>;</text>
 </subparagraph><subparagraph id="H93CEE671DE804891A3E2C82A8F6C915D"><enum>(B)</enum><text>in section 1840(a)(2), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>; and</text> </subparagraph><subparagraph id="HB75A491531F441C98BB6FC29BC58FF13"><enum>(C)</enum><text>in section 1841(f), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and from the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>.</text>
						</subparagraph></paragraph></subsection><subsection id="H18F6DF82B861486DA42CE841B96EB7C8"><enum>(f)</enum><header>Conforming amendments outside of Social Security Act</header>
					<paragraph id="H30DC4750339E4D3BB80D9847363D42A1"><enum>(1)</enum><header>Budget</header>
 <subparagraph id="H02933D209F174233BDB4005FC88D9D51"><enum>(A)</enum><header>Off-budget exemption</header><text>Section 405(a) of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/655">2 U.S.C. 655(a)</external-xref>) is amended by striking <quote>Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds</quote> and inserting <quote>Social Security Trust Fund</quote>.</text> </subparagraph><subparagraph id="H34B24BCA356F43579E1394CEAC7E6BC3"><enum>(B)</enum><header>Sequestration exemption</header><text display-inline="yes-display-inline">Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/905">2 U.S.C. 905(g)(1)(A)</external-xref>) is amended by striking <quote>Payments to Social Security Trust Funds</quote> and inserting <quote>Payments to the Social Security Trust Fund</quote>.</text>
						</subparagraph></paragraph><paragraph id="H85E977E927594325BC916F0F9BC55E99"><enum>(2)</enum><header>Tax</header>
 <subparagraph id="H1CCA1EBBF0784DCBB564D7778C19D9B9"><enum>(A)</enum><header>Taxable wages</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/3121">Section 3121(l)(4)</external-xref> of the Internal Revenue Code of 1986 is amended by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>.</text> </subparagraph><subparagraph id="HCF85843A96C14E45B33C75A1591CF8C1"><enum>(B)</enum><header>Overpayments</header> <clause id="HFC76F02C53324000BD4A1489FEFCAE3D"><enum>(i)</enum><text><external-xref legal-doc="usc" parsable-cite="usc/26/6402">Section 6402(d)(3)(C)</external-xref> of the Internal Revenue Code of 1986 is amended by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund, whichever is certified to the Secretary as appropriate by the Commissioner of Social Security</quote> and inserting <quote>Social Security Trust Fund</quote>.</text>
 </clause><clause id="HEB98C4E8D37F43509978F1D731FE77E0"><enum>(ii)</enum><text>Subsection (f)(2)(B) of section 3720A of title 31, United States Code, is amended by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund, whichever is certified to the Secretary of the Treasury as appropriate by the Commissioner of Social Security</quote> and inserting <quote>Social Security Trust Fund</quote>.</text>
 </clause></subparagraph></paragraph><paragraph id="HAF588B1BD02149E09417C7EB015E7F7A"><enum>(3)</enum><header>False claims penalties</header><text>Subsection (g)(2) of section 3806 of title 31, United States Code, is amended—</text> <subparagraph id="HEC96988C161F469CA1C0BE183A061767"><enum>(A)</enum><text>in subparagraph (B)—</text>
 <clause id="H19878687D16942BDA65CFD61FF7F090D"><enum>(i)</enum><text>by striking <quote>Secretary of Health and Human Services</quote> and inserting <quote>Commissioner of Social Security</quote>; and</text> </clause><clause id="H379E2E224AC649BEA6FE0DF1E066CDE3"><enum>(ii)</enum><text>by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>; and</text>
 </clause></subparagraph><subparagraph id="HFC1B41A3999F451BA0C5CB0627887D1B"><enum>(B)</enum><text>in subparagraph (C)—</text> <clause id="H5532F023C58644138731A80875386AE2"><enum>(i)</enum><text>by striking <quote>Secretary of Health and Human Services</quote> and inserting <quote>Commissioner of Social Security</quote>; and</text>
 </clause><clause id="H2121018F90184D279DB122C33FEB6E13"><enum>(ii)</enum><text>by striking <quote>Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>.</text> </clause></subparagraph></paragraph><paragraph id="H88D24BE160C84A718FA7ADE2BF5C9D61"><enum>(4)</enum><header>Railroad Retirement Board</header><text>Section 7 of the Railroad Retirement Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/45/231f">45 U.S.C. 231f</external-xref>) is amended—</text>
 <subparagraph id="HED1A3BF4C0FD4548855D973B566B2A6E"><enum>(A)</enum><text>in subsection (b)(2), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund</quote> and inserting <quote>Social Security Trust Fund</quote>;</text> </subparagraph><subparagraph id="HD68CE07165844CEEA87BBE676278033E"><enum>(B)</enum><text display-inline="yes-display-inline">in subsection (c)(2)—</text>
 <clause id="H94CD0C2FFFD245B7A493A066440BE489"><enum>(i)</enum><text display-inline="yes-display-inline">by striking <quote>Secretary of Health, Education, and Welfare</quote> each time it appears and inserting <quote>Commissioner of Social Security</quote>; and</text> </clause><clause id="HD4EFF0F173B042D49E107DE8834D7A99"><enum>(ii)</enum><text display-inline="yes-display-inline">by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund,</quote> each time it appears and inserting <quote>Social Security Trust Fund</quote>; and</text>
 </clause></subparagraph><subparagraph id="H871298C9E34B4A85B46A71817A6D5184"><enum>(C)</enum><text>in subsection (c)(4), by striking <quote>Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund,</quote> and inserting <quote>Social Security Trust Fund</quote>.</text> </subparagraph></paragraph></subsection><subsection id="H3806B7C8AB6646B3894CE52E726625A6"><enum>(g)</enum><header>Rule of construction</header><text>Effective beginning on January 1 of the first calendar year beginning after the date of the enactment of this section, any reference in law to the <quote>Federal Old-Age and Survivors Insurance Trust Fund</quote> or the <quote>Federal Disability Insurance Trust Fund</quote> is deemed to be a reference to the Social Security Trust Fund.</text>
 </subsection><subsection id="H4295AA2AF8FA4F4EBEBBB85589107F9E"><enum>(h)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendments made by this section shall take effect on January 1 of the first calendar year beginning after the date of the enactment of this section.</text>
				</subsection></section></title></legis-body></bill>


