102 STAT. 690 Taxes
PUBLIC LAW 100-360—JULY 1, 1988 "PART VIII—SUPPLEMENTAL MEDICARE PREMIUM "Sec. 59B. Supplemental medicare premium.
26 USC 59B.
"SEC. 59B. SUPPLEMENTAL MEDICARE PREMIUM.
"(a) IMPOSITION OF PSEMIUM.—In the case of an individual to whom this section applies, there is hereby imposed (in addition to any other amount imposed by this subtitle) for each taxable year a supplemental premium equal to the annual premium for such year determined under subsection (c). "(b) INDIVTOUALS SUBJECT TO PREMIUM.—This section shall apply to an individual for any taxable year if— "(1) such individual is a medicare-eligible individual for more than 6 full months beginning in the taxable year, and "(2) such individual's acijusted income tax liability for the taxable year equals or exceeds $150. "(c) DETERMINATION OF AMOUNT OF SUPPLEMENTAL PREMIUM.—
For purposes of this section— "(1) IN GENERAL.—Except as otherwise provided in this subsection, the annual premium determined under this subsection with respect to any individual for any taxable year shall be equal to the product of— "(A) the supplemental premium rate determined under subsection (d) or (e) (whichever applies) for the taxable year, multiplied by "(B) the amount determined by dividing— "(i) the individual's adjusted income tax liability for the taxable year, by "(ii)$150. "(2) LIMITATION ON ANNUAL PREMIUM.— "(A) YEARS BEFORE 1994.—In the case of any taxable year
beginning before 1994, the annual premium determined under HUB subsection with respect to any individual shall not exceed the limitation determined under the following table: "In the case of taxable years beginning in: 1989 1990 1991 1992 1993
The limitation is: $800 850 900 950 1,060.
"(B) YEARS AFTER 1993.—In the case of any taxable year beginning in a calendar year after 1993, the annual premium determined under ti^ subsection with respect to any individual shall not exceed— "(i) the limitation which would be in effect under this paragraph for taxable years beginning in the preceding calendar year without r^ard to the last sentence of this subparagraph, increased by "(ii) the percentage (if any) by which— "(I) the medicare-iMu-t B value for the 2nd preceding calendar year, exceeds "(Q) such value for the 3rd preceding calendar year.
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