860
PUBLIC LAW 89-212-SEPT. 29, 1965
50 Stat. 309 45 USC 2283.
Ante,
p. 384.
[79 STAT.
(f)(1) Subsection (h) of section 1 of the Railroad Retirement Act 9^ l?^'^ ^^ amended (A) by inserting " (1) " after " (h) ", (B) by inserting in the second sentence thereof " (except as is provided under paragraph (2)) " after "tips", and (C) by adding at the end thereof the following new paragraphs: " (2) Solely for purposes of determining amounts to be included in the compensation of an individual who is an employee (as defined in subsection (b)) the term 'compensation' shall (subject to section 3(c)) also include cash tips received by an employee in any calendar month in the course of his employment by an employer unless the amount of such cash tips is less than $20. "(3) Tips included as compensation by reason of the provisions of paragraph (2) shall be deemed to be paid at the time a written statement including such tips is furnished to the employer pursuant to section 6053(a) of the Internal Revenue Code of 1954 or (if no statement including such tips is so furnished) at the time received; and tips so deemed to be paid in any month shall be deemed paid for services rendered in such month." INCREASE IN BASE FOE BENEFIT COMPUTATION PURPOSES
45 USC' V^c"
^^"uscT^s iV/" 60 Stat. 728."
77^stat^^22^^' 45 USC 22*8e.
65 Stat, 689.
Ante, p. 400.
SEC. 3. (a) Subsection (a) of section 3 of the Railroad Retirement -S^^pi 1937 is amended by striking out "the next $300" and inserting in lieu thereof the following: "the remainder up to a total of (i) $450, or (ii) an amount equal to one-twelfth of the current maximum annual taxable 'wages' as defined in section 3121 of the Internal Reve^^^ Code of 1954, whichever is greater". (b) The second sentence oi subsection (c) of such section 3 is amended by inserting before ", shall be recognized" the following: "and before the calendar month next following the cale^ndar month in vzhich this Act was amended in 1965, or in excess of (i) $450, or (ii) an amount equal to one-twelfth of the current maximum annual taxable 'wages' as defined in section 3121 of the Internal Revenue Code of 1954, whichever is greater, for any calendar month after the month in which this Act was so amended". ^^^ Subsection (f)(2) of section 5 of such Act is amended by inserting after "so amended" where it appears the second time in the first parenthetical phrase after clause (vi) the following: "and before the calendar month next following the month in which this Act was amended in 1965, and in excess of (i) $450, or (ii) an amount equal to one-twelfth of the current maximum annual taxable 'wages' as defined in section 3121 of the Internal Revenue Code of 1954, whichever is greater, for any month after the month in which this Act was so amended". (d) Subsection (1)(9) of section 5 of such Act is amended— (1) by striking out "and" where it appears the fourth time and inserting in lieu thereof a comma; (2) by inserting after "so amended" where it appeal's the second time the following: "and before the calendar month next following the calendar month in which this Act was amended in 1965, and any excess over (i) $450, or (ii) an amount equal to one-twelth of the current maximum annual taxable 'wages' as defined in section 3121 of the Internal Revenue Code of 1954, whichever is greater, for any calendar month after the month in which this Act was so amended"; (3) by Striking out "$6,600" both times it appears in such subsection and inserting in lieu thereof "an amount equal to the current maximum annual taxable 'wages' as defined in section 3121 of the Internal Revenue Code of 1954'*: and
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