[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6554 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 6554

 To increase the exempt amount applicable for the retirement earnings 
            test for months in 2020, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 17, 2020

Mrs. Walorski introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To increase the exempt amount applicable for the retirement earnings 
            test for months in 2020, and for other purposes.

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

SECTION 1. DETERMINATION OF EXEMPT AMOUNTS FOR 2020.

    (a) In General.--For purposes of subsection (b) of section 203 of 
the Social Security Act (42 U.S.C. 403) and notwithstanding subsection 
(f)(8)(B) of such section, the exempt amount which is applicable to all 
individuals (including individuals described in subsection (f)(8)(D) of 
such section) for months in the taxable year ending after 2019 and 
before 2021 shall be an amount equal to the contribution and benefit 
base determined under section 230 of such Act with respect to 
remuneration paid (and taxable years beginning) in calendar year 2020.
    (b) Determination of Exempt Amounts for Months After 2020.--For 
purposes of determining exempt amounts for months in taxable years 
beginning after 2020, section 203(f)(8) shall be applied as if exempt 
amounts for months in the taxable year ending after 2019 and before 
2021 had been determined under such section without regard to 
subsection (a).
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