[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2202 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 2202

  To amend the Internal Revenue Code of 1986 to increase the base and 
 adjusted base amounts used for purposes of determining the amount of 
          Social Security benefits excluded from gross income.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 5, 2005

 Mr. Ryun of Kansas (for himself, Mr. Kuhl of New York, Mr. Miller of 
 Florida, and Mrs. Jo Ann Davis of Virginia) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to increase the base and 
 adjusted base amounts used for purposes of determining the amount of 
          Social Security benefits excluded from gross income.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Social Security Benefits Tax 
Fairness Act of 2005''.

SEC. 2. INCREASE IN BASE AND ADJUSTED BASE AMOUNTS OF SOCIAL SECURITY 
              BENEFITS.

    (a) Base Amount.--Paragraph (1) of section 86(c) of the Internal 
Revenue Code of 1986 (relating to base amount) is amended--
            (1) in subparagraph (A) by striking ``$25,000'' and 
        inserting ``$29,000'', and
            (2) in subparagraph (B) by striking ``$32,000'' and 
        inserting ``$36,000''.
    (b) Adjusted Base Amount.--Paragraph (2) of such Code (relating to 
adjusted base amount) is amended--
            (1) in subparagraph (A) by striking ``$34,000'' and 
        inserting ``$38,000'', and
            (2) in subparagraph (B) by striking ``$44,000'' and 
        inserting ``$48,000''.
    (c) Inflation Adjustment.--Subsection (c) of section 86 of such 
Code (relating to base amount and adjusted base amount) is amended by 
adding at the end thereof the following new paragraph:
            ``(3) Inflation adjustment.--In the case of any taxable 
        year beginning in a calendar year after 2005, each dollar 
        amount contained in paragraphs (1) and (2) shall be increased 
        by an amount equal to--
                    ``(A) such dollar amount, multiplied by
                    ``(B) the cost-of-living adjustment determined 
                under section 1(f)(3) for the calendar year in which 
                the taxable year begins, by substituting `calendar year 
                2004' for `calendar year 1992' in subparagraph (B) 
                thereof.
        If any increase determined under the preceding sentence is not 
        a multiple of $50, such increase shall be rounded to the next 
        lowest multiple of $50.''.
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2004.
                                 <all>