HR 560
107th Congress
House
Economics and Public Finance
Budget deficits
Budget resolutions
Congress
Congressional budget process
Congressional voting
Federal budgets
Government spending reductions
Government trust funds
Health
House rules and procedure
Legislation
Legislative amendments
Legislative resolutions
Medicare
Off-budget expenditures
Old age, survivors and disability insurance
Senate rules and procedure
Social Welfare
Social security finance
Social Security and Medicare Off-Budget Lockbox Act of 2001
Introduced: February 13, 2001
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 28, 2001
Referred to the Subcommittee on Health.
Feb 28, 2001
Referred to the Subcommittee on Social Security.
Feb 13, 2001
Referred to the Committee on the Budget, and in addition to the Committees on Rules, and Ways and Means, 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.
Feb 13, 2001
Introduced in House
Plain-English summary
Social Security and Medicare Off-Budget Lockbox Act of 2001 - Amends the Congressional Budget Act of 1974 to provide that the receipts and disbursements of the Federal Hospital Insurance Trust Fund shall not be counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of the Federal or congressional budgets or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) (thus, making it off-budget).
Provides for related points of order in the House of Representatives and the Senate to enforce such requirement.
Amends the Social Security Act to provide the same budgetary treatment for the Federal Hospital Insurance Trust Fund as is provided to the Federal Disability and Old-Age and Survivors Insurance Trust Funds.
Amends the Congressional Budget Act of 1974 to provide a point of order in the House or the Senate against consideration of any budget resolution or legislation that would cause or increase an on-budget deficit for any fiscal year.
What's happening now
Referred to the Subcommittee on Health.
Committees of jurisdiction
5