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PUBLIC LAW 93-66-JULY 9, 1973
[87 STAT.
Public Law 93-66 July 9, 1973 [H. R. 7445]
AN ACT To extend the Renegotiation Act of 1951 for one year, and for other purposes.
Be it enacted by the Senate and House of Reirresentatives of the Afiof\tsVand ^'^^^^^ States of America in Congress assembled, That section 102 so^'ciai Security" (c)(1) of the Renegotiation Act of 1951 (50 U.S.C. App., sec. 1212 Act, amendments, (c)(1)) is amended by striking out "June 30, 1973" and inserting in ss'stf;r 97! lieu thereof "June 30, 1974". TITLE II—PROVISIONS RELATING TO THE SOCIAL S E C U R I T Y ACT PART A—INCREASE IN SOCIAL SECURITY BENEFITS COST-OF-LIVING INCREASE IN SOCIAL SECURITY BENEFITS
SEC. 201. (a)(1) The Secretary of Health, Education, and Welfare (hereinafter in this section referred to as the "Secretary") shall, in accordance with the provisions of this section, increase the monthly benefits and lump-sum death payments payable under title II of the 42 USC 401. Social Security Act by the percentage by which the Consumer Price Index prepared by the Department of Labor for the month of June 1973 exceeds such index for the month of June 1972. Effective date. (£) The provisions of this section (and the increase in benefits made hereunder) shall be effective, in the case of monthly benefits under title II of the Social Security Act, only for months after May 1974 and prior to January 1975, and, in the case of lump-sum death payments under such title, only with respect to deaths which occur after May 1974 and prior to January 1975. (b) The increase in social security benefits authorized under this section shall be provided, and any determinations by the Secretary in connection with the provision of such increase in benefits shall be made, in the manner prescribed in section 215(i) of the Social Security 1334^'^*"'*^^' ^^^ -^^^ *^^ implementation of cost-of-living increases authorized 42 USC 415. under title II of such Act, except that the amount of such increase shall be based on the increase in the Consumer Price Index described in subsection (a). (c) The increase in social security benefits provided by this section shall— (1) not be considered to be an increase in benefits made under or pursuant to section 215(i) of the Social Security Act, and 42 u*sc'403^' ^^) ^^^ (except for purposes of section 203(a)(2) of such Act, as in effect after May 1974) be considered to be a "general benefit increase under this title" (as such term is defined in section 215 (i)(3) of such Act); and nothing in this section shall be construed as authorizing any increase in the "contribution and benefit base" (as that term is 1370.^*^^* ^^^' employed in section 230 of such Act), or any increase in the "exempt 42 USC 430. amount" (as such term is used in section 203(f)(8) of such Act). 86 Stat. 1341. ^^j^ Nothing in this section shall be construed to authorize (directly or indirectly) any increase in monthly benefits under title II of the Social Security Act for any month after December 1974, or any increase in lump-sum death payments payable under such title in the case of deaths occurring after December 1974. The recognition of the existence of the increase in benefits authorized by the preceding subsections of this section (during the period it was in effect) m the application, after December 1974, of the provisions of sections 202
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