3.0.0 4664 2023-01-11T13:15:33Z 2023-01-11T13:15:33Z House H HR 2007-12-13 110 hsru00 Rules Committee House Standing Referred to 2007-12-13T15:14:25Z hsbu00 Budget Committee House Standing Referred to 2007-12-13T15:14:20Z hswm00 Ways and Means Committee House Standing Referred to 2007-12-13T15:14:15Z 2007-12-13 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsru00 Rules Committee 2007-12-13 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2007-12-13 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2007-12-13 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-12-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-12-13 Introduced in House IntroReferral 1000 9 Library of Congress K000364 Rep. Kuhl, John R. "Randy", Jr. [R-NY-29] John Kuhl R NY R. "Randy" 29 N Social Welfare Auditing Budget deficits Budget resolutions Budget surpluses Congress Congressional reporting requirements Congressional voting Economics and Public Finance Executive reorganization Federal budgets Federal officials Government Operations and Politics Government trust funds House rules and procedure Investment of public funds Legislation Legislative amendments Legislative resolutions Old age, survivors and disability insurance Senate rules and procedure Social security finance Taxation Social Welfare 00 2007-12-13 Introduced in House 2008-02-12T22:54:11Z Social Security Surplus Protection Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to direct the Managing Trustee to ensure that amounts in either the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund (Social Security Trust Funds) equivalent to the annual surplus for such Fund for any calendar year are made available to the Social Security Surplus Investment Board (SSSIB) on a timely basis for purposes of investment.

Requires the Managing Trustee also to ensure that Trust Fund assets are available for payment of benefits.

Establishes the SSSIB in the executive branch to provide for the investment of such amounts.

Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or the Senate to consider any concurrent resolution on the budget (or any amendment to it or conference report on it) that would set forth a deficit for any fiscal year for which there is a projected net surplus in the Social Security Trust Funds.

Makes it out of order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, motion, or conference report if its enactment would cause a deficit for any fiscal year for which there is a projected net surplus in the Trust Funds.

]]> Social Security Surplus Protection Act of 2007 Display Title Social Security Surplus Protection Act of 2007 Short Titles as Introduced Social Security Surplus Protection Act of 2007 Official Title as Introduced To provide for investment and protection of the Social Security surplus. Introduced in House 2007-12-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr4664ih/xml/BILLS-110hr4664ih.xml 2007-12-13 Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.