3.0.0 4529 2023-01-11T13:32:08Z 2023-01-11T13:32:08Z House HR 2016-02-10 114 [Congressional Record Volume 162, Number 24 (Wednesday, February 10, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MURPHY of Florida:H.R. 4529.Congress has the power to enact this legislation pursuantto the following:The General Welfare Clause of Article 1, Section 8, of theU.S. Constitution.[Page H710]]]> hswm00 Ways and Means Committee House Standing hswm01 Social Security Subcommittee Referred to 2016-02-16T21:14:06Z Referred to 2016-02-10T15:01:20Z 2016-02-16 hswm01 Social Security Subcommittee 1 House committee actions Referred to the Subcommittee on Social Security. Committee 2016-02-10 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-02-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-02-10 Introduced in House IntroReferral 1000 9 Library of Congress M001191 Rep. Murphy, Patrick [D-FL-18] Patrick Murphy D FL 18 N A000370 Rep. Adams, Alma S. [D-NC-12] Alma Adams D NC S. 12 2016-03-14 False N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2016-03-14 False V000130 Rep. Vargas, Juan [D-CA-51] Juan Vargas D CA 51 2016-03-14 False T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2016-03-14 False H000324 Rep. Hastings, Alcee L. [D-FL-20] ALCEE HASTINGS D FL L. 20 2016-03-14 False G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2016-03-14 False B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2016-03-17 False Social Welfare Administrative law and regulatory procedures Child care and development Government information and archives Social Security Administration Social security and elderly assistance Social Welfare 00 2016-02-10 Introduced in House 2016-03-07T22:17:31Z Social Security Parent Penalty Repeal Act

This bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to direct the Social Security Administration to determine and publish in the Federal Register on or before November 1 of each year a revised contribution and benefit base, which shall be effective with respect to remuneration paid in subsequent calendar and taxable years. The bill also revises the formula for determining that base.

The number of an individual's benefit computation years, for the purpose of determining the individual's primary OASDI insurance amount, shall be further reduced (after a specified initial reduction) by the number of the individual's childcare years (not exceeding five), except that not more than two years may be determined to be a childcare year on the basis of the individual's status as a primary caregiver for the same child.

"Childcare year" means an elapsed year of the individual:

  • during which the individual is the primary caregiver for a child under age 6, and
  • for which the total of the individual's wages and self-employment income is $0.
]]> Social Security Parent Penalty Repeal Act Display Title Social Security Parent Penalty Repeal Act Official Title as Introduced To amend title II of the Social Security Act to provide for an annual increase in the contribution and benefit base, to exclude a certain number of childcare years from the benefit computation formula, and for other purposes. Introduced in House IH Short Titles as Introduced Social Security Parent Penalty Repeal Act Introduced in House 2016-02-10T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr4529ih/xml/BILLS-114hr4529ih.xml 2016-02-16 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.