Amends the Congressional Budget Act of 1974 to provide a point of order in the House of Representatives or the Senate against consideration of any concurrent budget resolution or conference report or amendment pertaining thereto that would set forth an on-budget deficit for any fiscal year.
Makes it out of order in the House or the Senate to consider any bill, joint resolution, amendment, motion, or conference report if the enactment of the reported bill or resolution, the adoption and enactment of an amendment, or the enactment of a bill or resolution in the form recommended in the conference report would cause or increase an on-budget deficit for any fiscal year.
Includes the receipts, outlays, and surplus or deficit in the Federal Old-Age and Survivors and Disability Insurance Trust Funds within the content of the concurrent budget resolution.
Authorizes a waiver or suspension in the Senate of points of order under this Act only with a three-fifths majority. Requires the same majority to sustain an appeal on a ruling on such points of order.
Prohibits the Federal Government budget submitted by the President from recommending an on-budget deficit for any covered fiscal year.
Applies the amendments made by this Act to FY 2001 and subsequent fiscal years.
[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 1962 Referral Instructions Senate (RIS)]
106th CONGRESS
1st Session
S. 1962
To amend the Congressional Budget Act of 1974 to protect Social
Security and Medicare surpluses through strengthened budgetary
enforcement mechanisms.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
November 18, 1999
Mr. Ashcroft introduced the following bill; which was read twice and
referred jointly pursuant to the order of August 4, 1977, to the
Committees on the Budget and Governmental Affairs, with instructions
that if one committee reports, the other committee have thirty days to
report or be discharged.
_______________________________________________________________________
A BILL
To amend the Congressional Budget Act of 1974 to protect Social
Security and Medicare surpluses through strengthened budgetary
enforcement mechanisms.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Social Security and Medicare Safe
Deposit Box Act of 1999''.
SEC. 2. PROTECTION OF SOCIAL SECURITY AND MEDICARE SURPLUSES.
(a) Medicare Surpluses Off-Budget.--Notwithstanding any other
provision of law, the net surplus of any trust fund for part A of
Medicare shall not be counted as a net surplus for purposes of--
(1) the budget of the United States Government as submitted
by the President;
(2) the congressional budget; or
(3) the Balanced Budget and Emergency Deficit Control Act
of 1985.
(b) Points of Order To Protect Social Security and Medicare
Surpluses.--Section 312 of the Congressional Budget Act of 1974 is
amended by adding at the end the following new subsection:
``(g) Points of Order To Protect Social Security and Medicare
Surpluses.--
``(1) Concurrent resolutions on the budget.--It shall not
be in order in the House of Representatives or the Senate to
consider any concurrent resolution on the budget, or conference
report thereon or amendment thereto, that would set forth an
on-budget deficit for any fiscal year.
``(2) Subsequent legislation.--It shall not be in order in
the House of Representatives or the Senate to consider any
bill, joint resolution, amendment, motion, or conference report
if--
``(A) the enactment of that bill or resolution as
reported;
``(B) the adoption and enactment of that amendment;
or
``(C) the enactment of that bill or resolution in
the form recommended in that conference report,
would cause or increase an on-budget deficit for any fiscal
year.
``(3) Definition.--For purposes of this section, the term
`on-budget deficit', when applied to a fiscal year, means the
deficit in the budget as set forth in the most recently agreed
to concurrent resolution on the budget pursuant to section
301(a)(3) for that fiscal year.''.
(c) Content of Concurrent Resolution on the Budget.--Section 301(a)
of the Congressional Budget Act of 1974 is amended--
(1) by redesignating paragraphs (6) and (7) as paragraphs
(7) and (8), respectively; and
(2) by inserting after paragraph (5) the following new
paragraph:
``(6) the receipts, outlays, and surplus or deficit in the
Federal Old-Age and Survivors Insurance Trust Fund and the
Federal Disability Insurance Trust Fund, combined, established
by title II of the Social Security Act;''.
(d) Super Majority Requirement.--
(1) Point of order.--Section 904(c)(1) of the Congressional
Budget Act of 1974 is amended by inserting ``312(g),'' after
``310(d)(2),''.
(2) Waiver.--Section 904(d)(2) of the Congressional Budget
Act of 1974 is amended by inserting ``312(g),'' after
``310(d)(2),''.
SEC. 4. PROTECTION OF SOCIAL SECURITY AND MEDICARE SURPLUSES.
(a) In General.--Chapter 11 of subtitle II of title 31, United
States Code, is amended by adding before section 1101 the following:
``Sec. 1100. Protection of social security and medicare surpluses
``The budget of the United States Government submitted by the
President under this chapter shall not recommend an on-budget deficit
for any fiscal year covered by that budget.''.
(b) Chapter Analysis.--The chapter analysis for chapter 11 of title
31, United States Code, is amended by inserting before the item for
section 1101 the following:
``1100. Protection of Social Security and Medicare Surpluses.''.
SEC. 5. EFFECTIVE DATE.
This Act shall take effect upon the date of its enactment and the
amendments made by this Act shall apply to fiscal year 2001 and
subsequent fiscal years.
<all>
Introduced in Senate
Sponsor introductory remarks on measure. (CR S14814)
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of 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.
Sponsor introductory remarks on measure. (CR S5654)
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