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H.R.4694 / 106th Congress

Social Security and Medicare Surplus Protection Act of 2000

Rereferred to the House Committee on the Budget.

Official summary

Version 00 · Introduced in House · Jun 20, 2000

Social Security and Medicare Surplus Protection Act of 2000 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require, after any sequestration of budget-year budgetary resources under discretionary spending limit or pay-as-you-go enforcement provisions, a sequestration equivalent to the estimated net surplus in the social security and Medicare trust funds (Federal Old-Age and Survivors, Disability Insurance, Hospital Insurance, and Supplementary Medical Insurance Trust Funds) for the budget year as estimated by the Secretary of the Treasury in order to reduce the public debt.Includes information on sequestration to reduce the public debt in reports issued by the Office of Management and Budget and the Congressional Budget Office.Applies this Act's amendments, beginning in FY 2001, and terminates its effectiveness after the earlier of: (1) the first fiscal year during which there is no public debt; or (2) the fiscal year during which there is enacted legislation which is determined, under Government budgeting and scoring principles, to keep social security and Medicare solvent.

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Who introduced it

Rep. Smith, Nick [R-MI-7] · R–MI

Committees

  • Budget Committee
  • Ways and Means Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Rereferred to the House Committee on the Budget.

    2. Referred to the Committee on the Budget, and in addition to the Committee on 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.

    3. Referred to the Committee on the Budget, and in addition to the Committee on 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.

    4. Referred to the Committee on the Budget, and in addition to the Committee on 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.

    5. Introduced in House

    6. Introduced in House

    Bill text & related measures

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    Related bills identified by Congress.gov

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    Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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