PlainBillCongress, translated.Legislation. Context. Public interest.Sponsor introductory remarks on measure. (CR S7082)
Congressional Research Service
Version 00 · Introduced in Senate · Mar 15, 1999
Social Security Fiscal Protection Act of 1999 - Requires: (1) off-budget treatment of the receipts and disbursements (R&D) of the social security trust funds supporting title II (Old Age, Survivors and Disability Insurance) of the Social Security Act; and (2) exclusion of R&D and related-revenues from required surplus and deficit totals under the Congressional Budget Act of 1974 and under other specified Federal budget law as well as from official Office of Management and Budget and Congressional Budget Office statements, publications, and materials relating to presidential or congressional budget surplus or deficit totals. Directs the Secretary of the Treasury to maintain throughout each month, in a secure repository or repositories, cash in a total amount equal to the total redemption value of all obligations appropriately issued to the social security trust funds that are outstanding on the first day of such month.
People & committees
Sen. Hollings, Ernest F. [D-SC] · D–SC
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Sponsor introductory remarks on measure. (CR S7082)
Read twice and referred jointly to the Committees on Governmental Affairs; Budget pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the Committee have thirty days to report or be discharged.
Sponsor introductory remarks on measure. (CR S2648-2650)
Introduced in Senate
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