allocation to disability insurance trust fund

allocation to disability insurance trust fund Sec. 110. (a) Section 201(b)(1) of the Social Security Act is amended— (1) by inserting “(A)”after “(1)”; (2) by striking out “1954, and” and inserting in lieu thereof “1954, (B)”; (3) by inserting “and before January 1, 1968,” after “December 31, 1965,”; and (4) by inserting after “so reported,” the following: “and (C) 0.95 of 1 per centum of the wages (as so defined) paid after December 31, 1967, and so reported,”. (b) Section 201 (b)(2) of such Act is amended— (1) by inserting“(A)” after “(2)”; (2) by striking out “1966, and” and inserting in lieu thereof “1966, (B)”;and (3) by inserting after “December 31, 1965,” the following: “and before January 1, 1968, and (C) 0.7125 of 1 per centum of the amount of self-employment income (as so defined) so reported for any taxable year beginning after December 31, 1967,”.