86 STAT. ]
PUBLIC LAW 92-336-JULY 1, 1972
by inserting "and before 1973" after "1971", and by striking out "; or" and inserting in lieu thereof "; and". (B) Section 1402(b)(1) of such Code is further amended by adding at the end thereof the following new subparagraphs: " (G) for any taxable year beginning after 1972 and before 1974, (i) $10,800, minus (ii) the amount of the wages paid to such individual during the taxable year; " (H) for any taxable year beginning after 1973 and before 1975, (i) $12,000, minus (ii) the amount of the wages paid to such individual during the taxable year; and " (I) for any taxable year beginning in any calendar year after 1974, (i) an amount equal to the contribution and benefit base (as determined under section 230 of the Social Security Act) which is effective for such calendar year, minus (ii) the amount of the wages paid to such individual during such taxable year; or". (2)(A) Section 3121(a)(1) of such Code (relating to definition of wages) is amended by striking out "$9,000" each place it appears and inserting in lieu thereof "$10,800". (B) Effective with respect to remuneration paid after 1973, section 3121(a)(1) of such Code is amended by striking out "$10,800" each place it appears and inserting in lieu thereof "$12,000". (C) Effective with respect to remuneration paid after 1974, section 3121(a)(1) of such Code is amended— (i) by striking out "$12,000" each place it appears and inserting m lieu thereof "the contribution and benefit bace (as determined under section 230 of the Social Security Act)", and (ii) by striking out "by an employer during any calendar year", and inserting in lieu thereof "by an employer during the calendar year with respect to which such contribution and benefit base is effective". (3)(A) The second sentence of section 3122 of such Code (relating to Federal service) is amended by striking out "$9,000" and inserting in lieu thereof "$10,800". (B) Effective with respect to remuneration paid after 1973, the second sentence of section 3122 of such Code is amended by striking out "$10,800" and inserting in lieu thereof "$12,000". (C) Effective with respect to remuneration paid after 1974, the second sentence of section 3122 of such Code is amended by striking out "the $12,000 limitation" and inserting in lieu thereof "the contribution and benefit base limitation". (4)(A) Section 3125 of such Code (relating to returns in the case of governmental employees in Guam, American Samoa, and the District of Columbia) is amended by striking out "$9,000" where it appears in subsections (a), (b), and (c) and inserting in lieu thereof "$10,800". (B) Effective with respect to remuneration paid after 1973, section 3125 of such Code is amended by striking out "$10,800" where it appears in subsections (a), (b), and (c) and inserting in lieu thereof "$12,000". (C) Effective with respect to remuneration paid after 1974, section 3125 of such Code is amended by striking out "the $12,000 limitation" where it appears in subsections (a), (b), and (c) and inserting in lieu thereof "the contribution and benefit base limitation". (5) Section 6413(c)(1) of such Code (relating to special refunds of employment taxes) is amended— (A) by inserting "and prior to the calendar year 1973" after "the calendar year 1971";
419
Ante,
p. 4 l g.
^"'O' P- 417 85 Stat. 11. 26 USC 3121.
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