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Code · BILL · 116th Congress · S. 3740 (Introduced in Senate) — To assist older Americans and people with disabilities affected by COVID–19. · Sec. 105

Sec. 105. Update in eligibility thresholds for supplemental security income; elimination of marriage penalty

472 words·~2 min read·/bill/116/s/3740/is/section-105

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Section 1612(b)(2)(A) of the Social Security Act ( 42 U.S.C. 1382a(b)(2)(A) ) is amended by striking $240 and inserting $1,476 (increased as described in section 1617(d) for each calendar year after 2020) . Section 1612(b)(4) of such Act ( 42 U.S.C. 1382a(b)(4) ) is amended by striking $780 each place it appears and inserting $4,788 (increased as described in section 1617(d) for each calendar year after 2020) . Section 1611(a)(3) of such Act ( 42 U.S.C. 1382(a)(3) ) is amended— in subparagraph (A), by striking $2,250 and all that follows through the end of the subparagraph and inserting $20,000 in calendar year 2020, and shall be increased as described in section 1617(d) for each subsequent calendar year. ; and in subparagraph (B), by striking $1,500 and all that follows through the end of the subparagraph and inserting $10,000 in calendar year 2020, and shall be increased as described in section 1617(d) for each subsequent calendar year. .
Section 1617 of such Act ( 42 U.S.C. 1382f ) is amended— in the section heading, by inserting after ; inflation adjustment ; and benefits by adding at the end the following: In the case of any calendar year after 2020, each of the amounts specified in sections 1611(a)(3), 1612(b)(2)(A), and 1612(b)(4) shall be increased by multiplying each such amount by the quotient obtained by dividing— the average of the Consumer Price Index for Elderly Consumers (CPI–E, as published by the Bureau of Labor Statistics of the Department of Labor) for the 12-month period ending with September of the preceding calendar year, by such average for the 12-month period ending with September 2019.
In no case shall the application of paragraph
(1)result in a reduction to the amounts specified in such paragraph. . Section 1611(b)(2) of the Social Security Act ( 42 U.S.C. 1382f(b)(2) ) is amended by striking payable at the rate of and all that follows through the end of the paragraph and inserting payable— for calendar years 1974 through 2019, at the rate of $2,628 (or, if greater, the amount determined under section 1617); and for calendar year 2020 and any calendar year thereafter, at twice the rate applicable for such calendar year under paragraph
(1)for an individual who does not have an eligible spouse, reduced by the amount of income, not excluded pursuant to section 1612(b), of such individual and spouse. . Section 1617(a)(1) of the Social Security Act ( 42 U.S.C. 1382(a)(1) ) is amended by striking subsections (a)(1)(A), (a)(2)(A), (b)(1), and (b)(2) and inserting subsections (a)(1)(A), (a)(2)(A), and (b)(1) . The amendments made by this section shall take effect on the date of enactment of this Act, and shall apply to eligibility determinations made, and benefit amounts payable, under title XVI of the Social Security Act ( 42 U.S.C. 1381 et seq.) on or after such date.
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Sec. 105
Update in eligibility thresholds for supplemental security income; elimination of marriage penalty
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