A bill to amend title VII of the Social Security Act to provide for off-budget treatment of the operations of all four social security trust funds beginning with fiscal year 1987.
Social Security Trust Funds Act of 1985 - Amends title VII (Administration) of the Social Security Act to exclude from Federal budget totals and limitations: (1) the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund; and (2) employment related social security taxes. Repeals superseded provisions relating to budgetary treatment of social security trust operations.
Became Public Law No: 99-177.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Social Security.
Referred to Subcommittee on Health.
For Further Action See H.J.Res.372.
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