3.0.0 1374 2019-11-15T21:47:20Z 2019-11-15T21:47:20Z House H HR 2013-03-21 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. MOORE:H.R. 1374.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H1828]]]> hswm00 Ways and Means Committee House Standing hswm01 Social Security Subcommittee Referred to 2013-04-09T15:01:34Z Referred to 2013-03-21T13:05:05Z 2013-04-09 hswm01 Social Security Subcommittee 1 House committee actions Referred to the Subcommittee on Social Security. Committee 2013-03-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-03-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-03-21 Introduced in House IntroReferral 1000 9 Library of Congress M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 N S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2013-03-21 True Social Welfare Employment taxes Family relationships Higher education Social security and elderly assistance Wages and earnings Social Welfare 00 2013-03-21 Introduced in House 2013-04-18T15:40:39Z Social Security Enhancement and Protection Act of 2013 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise the formula for computation of the primary insurance amount (PIA, or the monthly benefit amount payable to a worker upon retirement at full retirement age or upon entitlement to disability benefits), increasing the special minimum benefit for certain earners based on years in the workforce and a specified percentage of 1/12th of the poverty guideline for the previous calendar year.

Prescribes a formula for an increase in OASDI benefit amounts for beneficiaries on account of long-term eligibility (counting from at least 16 years after the individual's applicable date of eligibility).

Extends a child's benefit for certain full-time post-secondary students under age 22.

Amends both SSA title II and the Internal Revenue Code (IRC) to add an applicable percentage of a certain part of remuneration to the formula for determining taxable wages and the net earning from taxable self-employment income above the contribution and benefit base for Federal Insurance Contribution ACT (FICA, or Social Security) tax purposes beginning in 2015.

Amends SSA title II, with respect to the formula for computation of the PIA, to establish a new bend point, for individuals becoming eligible in 2015, involving the contribution and benefit base. (Bend points are dollar amounts defining brackets of average indexed monthly earnings used in the formula for determining the PIA.) Prescribes another formula for computation of the PIA, based on the new bend point, for those becoming eligible after 2015.

Amends the IRC to increase the FICA tax rates on a graduated basis beginning in 2015.

Disregards any increase in monthly OASDI benefits as a result of this Act from income or resources for any month after December 2014 for the purpose of determining the eligibility of a recipient (or the recipient's spouse or family) for benefits or assistance, or the amount or extent of benefits or assistance, under any federal, state, or local program financed in whole or in part with federal funds.

]]> Social Security Enhancement and Protection Act of 2013 Short Titles as Introduced Social Security Enhancement and Protection Act of 2013 Display Title Social Security Enhancement and Protection Act of 2013 Official Title as Introduced To amend title II of the Social Security Act to make various reforms to Social Security, and for other purposes. Introduced in House 2013-03-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1374ih/xml/BILLS-113hr1374ih.xml 2013-04-09 Referred to the Subcommittee on Social Security. text/xml EN 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.