Social Security Amendments of 1956: Report, Together with Minority and Individual Views, to Accompany H. R. 7225

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U.S. Government Printing Office, 1956 - Old age pensions - 141 pages

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Page 63 - CHANGES IN EXISTING LAW In compliance with subsection (4) of rule XXIX of the Standing Rules of the Senate, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is enclosed in black brackets, new matter is printed in italic, existing law in which no change is proposed is shown in roman...
Page 100 - As used in this subsection, the term "security" means any bond, debenture, note, or certificate or other evidence of indebtedness, Issued by any corporation (including one issued by a government or political subdivision thereof) , with interest coupons or in registered form...
Page 93 - ... (5) provide such methods of administration (including after January 1, 1940, methods relating to the establishment and maintenance of personnel standards on a merit basis, except that the Secretary shall exercise no authority with respect to the selection, tenure of office, and compensation of any individual employed in accordance with such methods) as are found by the Secretary to be necessary for the proper and efficient operation of the plan...
Page 96 - For the purpose of enabling each State to furnish financial assistance, as far as practicable under the conditions in such State...
Page 106 - wages" means all remuneration for employment, including the cash value of all remuneration paid in any medium other than cash...
Page 94 - Secretary to be necessary for the proper and efficient operation of the plan; (6) provide that the State agency will make such reports, in such form and containing such information, as the Secretary may from time to time require, and comply with such provisions as the Secretary may from time to time find necessary to assure the correctness and verification of such reports...
Page 112 - ... employee" under the provisions of this paragraph if such individual has a substantial investment in facilities used in connection with the performance of such services (other than in facilities for transportation), or if the services are in the nature of a single transaction not part of a continuing relationship with the person for whom the services are performed.
Page 113 - The provisions of this paragraph shall not be deemed to be applicable with respect to service performed in connection with commercial canning or commercial freezing or in connection with any agricultural or horticultural commodity after its delivery to a terminal market for distribution for consumption. As used in this subsection, the term "farm...
Page 118 - ... shall be made, without interest, in such manner and at such times as may be required by regulations prescribed by the Secretary or his delegate.
Page 65 - Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.

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