A bill to amend the Internal Revenue Code of 1954 so as not to allow a deduction for amounts paid under certain disability benefits to compensate for increases in social security benefits paid to disabled employees.

[AI summary unavailable — showing source text] Disallows any deduction, under the Internal Revenue Code, for amounts paid or contributed to a disability compensation plan by the employer maintaining that plan if the benefits payable to an individual are reduced, or any scheduled increase in such benefits is omitted, on account of an increase in monthly Social Security benefits under title II (Old Age, Survivors, and Disability Insurance) if such increase occurs after such individual begins to receive benefits under such plan.…