Sec. 135101. Increases in State allocations
191 words·~1 min read·
/bill/117/hr/5376/eh/section-135101·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 42(h)(3)(I) is amended to read as follows: 2021 In the case of calendar years 2022 through 2025, the dollar amounts under subclauses
(I)and
(II)of subparagraph (C)(ii) for any such calendar year shall be determined in accordance with the following table: In the case of calendar year: The subclause
(I)amount shall be: The subclause
(II)amount shall be: 2022 $3.14 $3,629,096 2023 $3.54 $4,081,825 2024 $3.97 $4,582,053 2025 $2.65 $3,120,000 2025 In the case of calendar years after 2025, the subclause
(I)and
(II)dollar amounts shall be the respective dollar amounts corresponding to calendar year 2025 in the table under clause
(i)each increased by an amount equal to— such dollar amount, multiplied by the cost-of-living adjustment determined under section 1(f)(3) for such calendar year by substituting calendar year 2024 for calendar year 2016 in paragraph (A)(ii) thereof. Any increase under this clause shall be rounded to the nearest cent in the case of the subclause
(I)amount and the nearest dollar in the case of the subclause
(II)amount. . The amendments made by this section shall apply to calendar years beginning after December 31, 2021.