I

104TH CONGRESS

1ST SESSION H. R. 2668

To amend title II of the Social Security Act to provide for increases in

the amounts of allowable earnings under the social security earnings

limit for individuals who have attained retirement age.

IN THE HOUSE OF REPRESENTATIVES

NOVEMBER 20, 1995

Mr. BUNNING of Kentucky (for himself, Mr. HASTERT, Mr. ARCHER, Mr.

MCCOLLUM, Mr. EWING, Mr. BILIRAKIS, Mr. COOLEY, Mr. FOX of Pennsylvania, Mr. LEWIS of Kentucky, Mr. ENGLISH of Pennsylvania, Ms.

DUNN of Washington, Mr. HASTINGS of Washington, Mr. EMERSON, Mr.

BACHUS, Mr. ARMEY, Mr. ROBERTS, Mr. PORTER, Mr. NEY, Mr. OXLEY,

Mr. RIGGS, Mr. STUMP, Mr. HANCOCK, Mr. WHITFIELD, Mr. JONES, Mr.

CAMP, Mr. BOEHNER, Mrs. VUCANOVICH, Mr. HERGER, Mr. HORN, Mrs.

JOHNSON of Connecticut, Mr. SCHIFF, Mr. GOSS, Mr. CHRISTENSEN,

Mr. CRANE, Mr. ENSIGN, Mr. SHAW, Mr. HOUGHTON, Mr. BARR of

Georgia, Mr. CHABOT, Mr. FIELDS of Texas, Mr. COLLINS of Georgia,

Mr. SAM JOHNSON of Texas, Mr. BASS, Mrs. FOWLER, Mr. THOMAS, Mr.

BEREUTER, Mr. NUSSLE, Mr. BARTON of Texas, Mr. COBLE, Mr.

FOLEY, Mr. BLILEY, Mr. MANZULLO, Mr. CHAMBLISS, Mr. EHRLICH,

Mr. RAMSTAD, Mr. KOLBE, Mr. LARGENT, Mr. BARTLETT of Maryland,

Mr. GREENWOOD, Mr. FUNDERBURK, Mr. MICA, Mr. LAUGHLIN, Mr.

WICKER, Mr. SMITH of New Jersey, Mr. MCCRERY, Mr. FLANAGAN, Mr.

SAXTON, Mr. LUCAS, Mr. HEINEMAN, Mr. NORWOOD, Mr. SALMON, Mr.

SMITH of Michigan, Mr. STEARNS, Mr. INGLIS of South Carolina, Mr.

THORNBERRY, Mr. MCINTOSH, Mr. BOEHLERT, Mr. HOSTETTLER, Mr.

LATOURETTE, Mr. HANSEN, Mr. PORTMAN, Mr. ZIMMER, Mr. ROGERS,

Ms. MOLINARI, and Mr. TORKILDSEN) introduced the following bill;

which was referred to the Committee on Ways and Means

A BILL

To amend title II of the Social Security Act to provide

for increases in the amounts of allowable earnings under
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the social security earnings limit for individuals who

have attained retirement age.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘Senior Citizens’ Right

5 To Work Act of 1995’’.

6 SEC. 2. ADJUSTMENTS IN MONTHLY EXEMPT AMOUNT FOR

7 PURPOSES OF THE SOCIAL SECURITY EARN8 INGS LIMIT.

9 (a) INCREASE IN MONTHLY EXEMPT AMOUNT FOR

10 INDIVIDUALS WHO HAVE ATTAINED RETIREMENT

11 AGE.—Section 203(f)(8)(D) of the Social Security Act (42

12 U.S.C. 403(f)(8)(D)) is amended to read as follows:

13 ‘‘(D) Notwithstanding any other provision of

14 this subsection, the exempt amount which is applica15 ble to an individual who has attained retirement age

16 (as defined in section 216(1)) before the close of the

17 taxable year involved shall be—

18 ‘‘(i) for each month of any taxable year

19 ending after 1995 and before 1997,

$1,166.662 20 ⁄3,

21 ‘‘(ii) for each month of any taxable year

22 ending after 1996 and before 1998, $1,250.00,
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1 ‘‘(iii) for each month of any taxable year

2 ending after 1997 and before 1999,

$1,333.331 3 ⁄3,

4 ‘‘(iv) for each month of any taxable year

5 ending after 1998 and before 2000,

$1,416.662 6 ⁄3,

7 ‘‘(v) for each month of any taxable year

8 ending after 1999 and before 2001, $1,500.00,

9 ‘‘(vi) for each month of any taxable year

10 ending after 2000 and before 2002,

$2,083.331 11 ⁄3, and

12 ‘‘(vii) for each month of any taxable year

13 ending after 2001 and before 2003,

14 $2,500.00.’’.

15 (b) CONFORMING AMENDMENTS.—

16 (1) Section 203(f)(8)(B)(ii) of such Act (42

17 U.S.C. 403(f)(8)(B)(ii)) is amended—

18 (A) by striking ‘‘the taxable year ending

19 after 1993 and before 1995’’ and inserting ‘‘the

20 taxable year ending after 2001 and before 2003

21 (with respect to individuals described in sub22 paragraph (D), for taxable years ending after

23 2002) or the taxable year ending after 1993

24 and before 1995 (with respect to other individ25 uals)’’; and
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1 (B) in subclause (II), by striking ‘‘for

2 1992’’ and inserting ‘‘for 2000 (with respect to

3 individuals described in subparagraph (D), for

4 taxable years ending after 2002) or 1992 (with

5 respect to other individuals)’’.

6 (2) The second sentence of section 223(d)(4) of

7 such Act (42 U.S.C. 423(d)(4)) is amended by strik8 ing ‘‘the exempt amount under section 203(f)(8)

9 which is applicable to individuals described in sub10 paragraph (D) thereof’’ and inserting the following:

11 ‘‘an amount equal to the exempt amount which

12 would be applicable under section 203(f)(8), to indi13 viduals described in subparagraph (D) thereof, if

14 section 2 of the Senior Citizens’ Right to Work Act

15 of 1995 had not been enacted’’.

16 (c) EFFECTIVE DATE.—The amendments made by

17 this section shall apply with respect to taxable years begin18 ning after 1995.

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