Update in supplemental security income benefit amounts and repeal of marriage penalty

(a) In general Section 1611(b) of the Social Security Act (42 U.S.C. 1382(b)) is amended to read as follows: (b) (1) The benefit under this title for an individual who does not have an eligible spouse shall be payable— (A) for calendar years 1974 through 2026, at the rate of $1,752 (or, if greater, the amount determined under section 1617), and (B) for calendar years after 2026, at the rate equal to the annual poverty guideline for the calendar year preceding such calendar year (as updated annually in the Federal Register by the Department of Health and Human Services under the authority of section 673(2) of the Omnibus Budget Reconciliation Act of 1981) as applicable to a single individual, reduced by the amount of income, not excluded pursuant to section 1612(b), of such individual. (2) The benefit under this title for an individual who has an eligible spouse shall be payable— (A) for calendar years 1974 through 2026, at the rate of $2,628 (or, if greater, the amount determined under section 1617), and (B) for calendar years after 2026, at the rate equal to twice the rate described in paragraph (1)(B), reduced by the amount of income, not excluded pursuant to section 1612(b), of such individual and spouse.. (b) Conforming changes to cost-of-Living adjustments Section 1617(a)(1) of such Act (42 U.S.C. 1382f(a)(1)) is amended by striking (a)(1)(A), (a)(2)(A), (b)(1), and (b)(2) and inserting (a)(1)(A) and (a)(2)(A). (c) Effective date The amendments made by this section shall apply with respect to calendar years after 2026.