Personal Lockbox Act of 2000

Personal Lockbox Act of 2000 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to add a new part B (Personal Retirement Account Program), as well as the Internal Revenue Code (IRC), to structure a tax-exempt personalized retirement program for covered individuals through the designation of a personal retirement account for each such individual that is funded by deposits from amounts in the Federal Old-Age and Survivors Insurance Trust Fund not otherwise required for immediate withdrawal, and by rollover and other contributions made by eligible individuals for investment in any of at least three specified portfolios approved by the Commissioner of Social Security. Provides for tax treatment of distributions.

Directs the Securities and Exchange Commission to study and report to Congress on personal retirement account reinsurance.

Amends SSA title II with regard to primary insurance amounts.

Amends IRC to provide for: (1) annual $300 contributions (tax credits) by the Secretary of the Treasury on behalf of each eligible individual to a personal retirement account; and (2) an excise tax on excess contributions to such accounts.

Amends SSA title XI with regard to information requirements for Social Security account statements.

Amends SSA title II make appropriations annually to the Federal Disability Insurance Trust Fund to maintain a balance ratio of at least 20 percent.