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HomeMy WebLinkAbout8582 - Increase Social Security Amount of Outside Earnings Limitations• RESOLUTION NO. 8582 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH SUPPORTING HOUSE OF REPRESENTA- TIVES BILL HR 7666 TO INCREASE AMOUNT OF OUTSIDE EARNINGS LIMITATIONS UNDER SOCIAL SECURITY WHEREAS, the House of Representatives has introduced a Bill, HR 7666, in order to increase from $2400 to $4800 the amount of outside earnings permitted each year without deductions under the Social Security Act; and WHEREAS, said Bill HR 7666 will help more than two and a half million Americans, sixty -five years of age or older, to meet the high cost of living; and WHEREAS, the City Council of the City of Newport Beach has determined that the provisions of HR 7666 would be beneficial and in the best interests of its citizens; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby express its wholehearted support of HR 7666. BE IT FURTHER RESOLVED that the City Clerk is hereby directed to send copies of this Resolution to the President of the United States, United States Senators and Congressmen representing this district, the League of California Cities, and all cities in Orange County. ADOPTED this 25th ATTEST: �--­Rpinopo ' 4 _ MIN day of August . , 1975. WIE® AS THE O A 1Y e CLERK_ OR iHR CI OF N T OMCH DAM AUG 2 $ 1975 DDO /bc 8/20/75