3.0.0 302 2023-01-11T20:05:35Z 2023-01-11T20:05:35Z Senate S S 2007-01-16 110 ssfi00 Finance Committee Senate Standing Referred to 2007-01-16T21:12:22Z 2007-01-16 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2007-01-16 Introduced in Senate IntroReferral 10000 9 Library of Congress V000127 Sen. Vitter, David [R-LA] David Vitter R LA N B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2008-06-10 False Economics and Public Finance Budget resolutions Congress Congressional budget Federal budget process Government trust funds House rules and procedure Legislation Legislative amendments Old age, survivors and disability insurance Senate rules and procedure Social Welfare Social security finance Tax rates Taxation Economics and Public Finance 00 2007-01-16 Introduced in Senate 2007-01-19T21:28:30Z Social Security Lock-Box Act of 2007 - Amends the Congressional Budget Act of 1974 to provide a point of order against consideration of any: (1) budget resolution that sets forth totals for any fiscal year with respect to the Social Security Trust Funds that are less than the totals of the Social Security Trust Funds for that fiscal year as calculated in accordance with a current services baseline; or (2) spending or tax legislation that would cause any totals to be less than the Funds totals for the covered fiscal year.

Makes the point of order described in (2) above inapplicable to Social Security reform legislation.

Requires any federal budget submitted by the President that recommends totals for any fiscal year with respect to the Funds that are less than the totals of the Funds for that fiscal year to include a detailed proposal for Social Security reform legislation. Makes this Act inapplicable upon the enactment of such legislation. Defines "Social Security reform legislation" as a bill or joint resolution to save Social Security that specifies that it constitutes reform legislation.

]]> Social Security Lock-Box Act of 2007 Official Title as Introduced A bill to establish a procedure to safeguard the Social Security Trust Funds. Introduced in Senate IS Display Title Social Security Lock-Box Act of 2007 Short Titles as Introduced Social Security Lock-Box Act of 2007 Introduced in Senate 2007-01-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s302is/xml/BILLS-110s302is.xml 2007-01-16 Read twice and referred to the Committee on Finance. 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.