; and (B) by adding at the end the following: (l) For purposes of subsection (b)(2), the applicable percentage for a taxable year beginning in any calendar year referred to in such paragraph shall be equal to— (1) for 2019, 80 percent, (2) for 2020 through 2022, the applicable percentage under this subsection for the previous year, decreased by 20 percentage points, and (3) for 2023 and each year thereafter, 0 percent. . (3) Effective date The amendments made by this subsection shall apply with respect to taxable years beginning during or after calendar year 2019. 3. Adjustments to bend points in determining primary insurance amount and inclusion of surplus earnings for benefit determinations (a) Adjustments relating to first bend point (1) Increase in first bend point factor (A) In general Section 215(a)(1)(A)(i) of the Social Security Act ( 42 U.S.C. 415(a)(1)(A)(i) ) is amended by striking 90 percent and inserting 95 percent . (B) Effective date; application rule The amendment made by subparagraph (A) shall apply with respect to computations or recomputations of primary insurance amounts made on or after January 1, 2023, except that section 215(a)(1)(A)(i) of the Social Security Act shall be applied by making the following substitutions for 95 percent for computations and recomputations made in the following calendar years: (i) for calendar year 2023, by substituting 91 percent ; (ii) for calendar year 2024, by substituting 92 percent ; (iii) for calendar year 2025, by substituting 93 percent ; and (iv) for calendar year 2026, by substituting 94 percent . (2) Increase in first bend point Section 215(a)(1)(B) of such Act ( 42 U.S.C. 415(a)(1)(B) ) is amended— (A) by redesignating clause (iii) as clause (iv)