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Bill107th CongressFiled Mar 1, 2001Social Welfare
H.R. 853

Notch Fairness Act of 2001

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in house (Mar 1, 2001)

Notch Fairness Act of 2001 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise the formula for the computation of minimum Old Age Insurance benefits for individuals who reached age 65 in or after 1979 and to whom applies the 15-year transition period for the changes in benefit computation rules enacted in the Social Security Amendments of 1977.

Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 55 percent to five percent and keyed to the year an individual became eligible for such benefits between 1979 and 1988.

Allows such beneficiaries, in the alternative, to receive lump sum payments over four years totaling $5,000.

Provides that any additional spending resulting from this Act shall not be counted as direct spending for purposes of budgetary limits in the Congressional Budget Act of 1974 and the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).

What just happenedMar 8, 2001

Referred to the Subcommittee on Social Security.

Who’s behind it

Rep. Wexler, Robert [D-FL-19](D-FL)Sponsor
28 cosponsors26 D1 R1 I
Read on Congress.gov
28cosponsors2committees6actions9subjects
  1. Mar 8, 2001CommitteeH11000

    Referred to the Subcommittee on Social Security.

    Social Security Subcommittee
  2. Mar 1, 2001IntroReferralH11100

    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.

    Budget Committee
  3. Mar 1, 2001IntroReferralH11100-A

    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.

  4. Mar 1, 2001IntroReferralH11100

    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.

    Ways and Means Committee
  5. Mar 1, 2001IntroReferralIntro-H

    Introduced in House

  6. Mar 1, 2001IntroReferral1000

    Introduced in House