Page:United States Statutes at Large Volume 86.djvu/1508

 1466

PUBLIC LAW 92-603-OCT. 30, 1972

[86 STAT.

" P A R T A—DETERMINATION OF BENEFITS .eo?-. -JC'.' •

"ELIGIBILITY FOR AND AMOUNT OF BENEFITS

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"Definition of Eligible Individual "SEC. 1611. (a)(1) Each aged, blind, or disabled individual who does not have an eligible spouse and— " (A) whose income, other than income excluded pursuant to section 1612(b), is at a rate of not more than $1,560 for the calendar year 1974 or any calendar year thereafter, and " (B) whose resources, other than resources excluded pursuant to section 1613(a), are not more than (i) in case such individual has a spouse with whom he is living, $2,250, or (ii) in case such individual has no spouse with whom he is living, $1,500, shall be an eligible individual for purposes of this title. "(2) Each aged, blind, or disabled individual who has an eligible spouse and— " (A) whose income (together with the income of such sjjouse), other than income excluded pursuant to section 1612(b), is at a rate of not more than $2,340 for the calendar year 1974, or any calendar year thereafter, and " (B) whose resources (together with the resources of such spouse), other than resources excluded pursuant to section 1613 (a), are not more than $2,250, shall be an eligible individual for purposes of this title. "Amounts of Benefits " (b)(1) The benefit under this title for an individual who does not have an eligible spouse shall be payable at the rate of $1,560 for the calendar year 1974 and any calendar year thereafter, 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 at the rate of $2,340 for the calendar year 1974 and any calendar year thereafter, reduced by the amount of income, not excluded pursuant to section 1612(b), of such individual and spouse. "Period for Determination of Benefits "(c)(1) An individual's eligibility for benefits under this title and the amount of such benefits shall be determined for each quarter of a calendar year except that, if the initial application for benefits is filed in the second or third month of a calendar quarter, such determinations shall be made for each month in such quarter. Eligibility for and the amount of such benefits for any quarter shall be redetermined at such time or times as may be provided by the Secretary. "(2) For purposes of this subsection an application shall be considered to be effective as of the first day of the month in which it was actually filed. "Special Limits on Gross Income " (d) The Secretary may prescribe the circumstances under which, consistently with the purposes of this title, the' gross income from a trade or business (including farming) will be considered sufficiently large to make an individual ineligible for benefits under this title. For purposes of this subsection, the term 'gross income' has the same

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