Social Security Protection and Truth in Budgeting Act of 2013
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 7, 2013)
Social Security Protection and Truth in Budgeting Act of 2013 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to prohibit the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (Social Security trust funds) from being included in the federal budget baseline for any fiscal year and from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of offsetting any tax decrease or spending increase. Excludes Social Security trust fund receipts and disbursements totals from official Office of Management and Budget (OMB) and Congressional Budget Office (CBO) budget pronouncements.
Makes proceeds to the Social Security trust funds from Social Security taxes available solely for OASDI purposes. Prohibits their availability for the establishment or funding of private accounts.
What just happenedMar 12, 2013
Referred to the Subcommittee on Social Security.
Who’s behind it
- Introduced in HouseMar 7, 2013
- Mar 12, 2013Committee
Referred to the Subcommittee on Social Security.
- Mar 7, 2013IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Mar 7, 2013IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Mar 7, 2013IntroReferralIntro-H
Introduced in House
- Mar 7, 2013IntroReferral1000
Introduced in House