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HR 4780 107th Congress House

Rejection of Social Security Privatization Act of 2002

Official title: To reject proposals to partially or completely substitute private saving accounts for the lifelong, guaranteed, inflation-protected insurance benefits provided through Social Security.

Introduced: June 27, 2002 See on congress.gov
Social Welfare Cost of living adjustmentsEconomics and Public FinanceFinance and Financial SectorGovernment trust funds
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Old age, survivors and disability insuranceSavings accountsSocial security finance
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2002
Referred to the House Committee on Ways and Means.
May 21, 2002
Introduced in House
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 Latest action May 21, 2002

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Rejection of Social Security Privatization Act of 2002-States that Congress hereby commits: (1) to preserve the guaranteed, lifelong, inflation-protected benefits provided under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to retirees, disabled workers and their families, and the survivors of deceased workers; and (2) therefore to reject the President's plans to partially privatize Social Security, as well as other proposals to privatize Social Security, and any and all proposals that would threaten the ability of the Social Security Trust Funds to sustain the lifelong, guaranteed, inflation-protected benefits provided under SSA.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 21
All 21 Democratic 14 Independent 1
D
Hoyer, Steny H.
Maryland · Oct 10, 2002
 D
McCollum, Betty
Minnesota · Oct 1, 2002
 D
DeLauro, Rosa L.
Connecticut · Sep 10, 2002
DEUTSCH, PETER
· Sep 10, 2002
 D
Lynch, Stephen F.
Massachusetts · Sep 10, 2002
 D
Norton, Eleanor Holmes
District of Columbia · Jul 26, 2002
 I
Sanders, Bernard
Vermont · Jul 26, 2002
 D
Waters, Maxine
California · Jul 17, 2002
FROST, MARTIN
· Jun 27, 2002
KLECZKA, GERALD
· Jun 27, 2002
 D
Larson, John B.
Connecticut · Jun 27, 2002
LUCAS, KEN
· Jun 27, 2002
 D
Markey, Edward J.
Massachusetts · Jun 27, 2002
 D
Pallone, Frank
New Jersey · Jun 27, 2002
SANDLIN, MAX
· Jun 27, 2002
 D
Scott, Robert C. "Bobby"
Virginia · Jun 27, 2002
 D
Sherman, Brad
California · Jun 27, 2002
 D
Thompson, Bennie G.
Mississippi · Jun 27, 2002
 D
Thompson, Mike
California · Jun 27, 2002
GEPHARDT, RICHARD
· May 21, 2002
 D
Pelosi, Nancy
California · May 21, 2002
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4780: Rejection of Social Security Privatization Act of 2002. 107th Congress. Open America. https://openamerica.io/bill/107-HR-4780/
MLA
"H.R. 4780: Rejection of Social Security Privatization Act of 2002." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-4780/.
Bluebook (legal)
H.R. 4780, 107th Cong. (2026), https://openamerica.io/bill/107-HR-4780/.
Markdown link
[H.R. 4780: Rejection of Social Security Privatization Act of 2002](https://openamerica.io/bill/107-HR-4780/)
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