PUBLIC LAW 98-76—AUG. 12, 1983 97 STAT. 419 received compensation of less than one-twelfth of the current maxi- mum annual taxable 'wages' as defined in section 3121 of the Internal Revenue Code of 1954 in one or more months of the calendar year, the total compensation paid such employee in the calendar year (without regard to the limitation on the amount of compensation provided in the preceding sentence) shall be deemed to have been paid in equal proportions with respect to all months in the year in which the employee will have been in the service of one or more employers for compensation or will have performed service for compensation as an employee representative, but this sentence shall not operate to increase the employee's compensation for any month above an amount equal to one-twelfth of the current maxi- mum annual taxable 'wages' as defined in section 3121 of the Internal Revenue Code of 1954.". (c) The amendments made by this section shall become effective on January 1, 1985. TITLE II—REVENUE PROVISIONS SEC. 201. SHORT TITLE. This title may be cited as the of 1983". 26 USC 312L. Effective date. 45 USC 231b note. Railroad Retirement Revenue Act of 1983. 'Railroad Retirement Revenue Act 26 USC l note. Subtitle A—Railroad Retirement Taxes PART I—INCREASE IN TIER 2 TAXES FOR PERIOD BEGINNING JANUARY 1, 1984, AND ENDING DECEMBER 31, 1984 SEC. 211. INCREASE IN TIER 2 TAXES. (a) EMPLOYEE TAX.— Subsection (a) of section 3201 of the Internal Revenue Code of 1954 (relating to tax on employees) is amended by Post, p. 420. striking out "2.0 percent" and inserting in lieu thereof "2.75 percent". (b) EMPLOYER TAX. —Subsection (a) of section 3221 of such Code Post, p. 420. (relating to tax on employers) is amended by striking out "11.75 percent" and inserting in lieu thereof "12.75 percent". (c) EMPLOYEE REPRESENTATIVE TAX.— Subsection (a) of section 3211 of such Code (relating to tax on employee representatives) is Post, p. 421. amended by striking out "11.75 percent" and inserting in lieu thereof "12.75 percent". (d) TECHNICAL AMENDMENT.— The last sentence of section 230(c) of the Social Security Act is amended by striking out "11.75 percent" 42 USC 430. and inserting in lieu thereof "12.75 percent". SEC. 212. EFFECTIVE DATE. The amendments made by this part shall apply to compensation 26 USC 3201 paid for services rendered after December 31, 1983, and before note. January 1, 1985.
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