A bill to amend the Budget Enforcement Act of 1990 to establish a new budget point of order against any amendment, bill, or conference report that directs increased revenues from additional taxation of Social Security or Railroad Retirement benefits to a fund other than the Social Security trust fund or the Social Security Equivalent Benefit Account.
Social Security Trust Fund Protection Act of 1994 - Amends the Budget Enforcement Act of 1990 to prohibit the House of Representatives or the Senate from considering any bill, joint resolution, amendment, motion, or conference report that would increase the aggregate tax liability: (1) on Social Security benefits and does not deposit the revenue resulting from such increase in the trust funds under increase title II (Old Age, Survivors and Disability Insurance) of the Social Security Act; or (2) of certain Railroad Retirement benefits and does not deposit the revenue resulting from such increase in the Social Security Equivalent Benefit Account.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S8109-8110)
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line