HR 127
108th Congress
House
Economics and Public Finance
Appropriations
Budget deficits
Budget reconciliation
Budget resolutions
Budget surpluses
Congress
Congressional budget
Congressional voting
Federal budgets
Government trust funds
Health
House rules and procedure
Legislation
Legislative amendments
Legislative resolutions
Medicare
Off-budget expenditures
Old age, survivors and disability insurance
Public debt
Social Security and Medicare Lock-box Act of 2003
Introduced: January 7, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 9, 2003
Referred to the Subcommittee on the Legislative and Budget Process.
Jan 7, 2003
Referred to the Committee on Rules, 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.
Jan 7, 2003
Introduced in House
Plain-English summary
Social Security and Medicare Lock-box Act of 2003 - Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or the Senate, until there is both a social security and Medicare solvency certification by the Boards of Trustees of the social security and Federal Hospital Insurance Trust Funds, respectively, to consider: (1) any concurrent budget resolution that would use any portion of the baseline budget surpluses; or (2) any legislation or amendment if the enactment of such legislation or amendment would use any portion of such surpluses.
Defines "baseline budget surplus" as the sum of the on- and off-budget surpluses contained in the most recent baseline budget projections by the Congressional Budget Office at the beginning of the annual budget cycle and no later than the month of March.
Establishes conditions under which a portion of such surpluses is determined to be used in the case of legislation affecting revenues or direct spending or an appropriations bill.
What's happening now
Referred to the Subcommittee on the Legislative and Budget Process.
Committees of jurisdiction
3
Cosponsors
1