[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3640 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 3640

  To amend title XVIII of the Social Security Act to take the Federal 
  Hospital Insurance Trust Fund under the Medicare Program off budget.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 10, 2000

Mr. Smith of Michigan introduced the following bill; which was referred 
to the Committee on Ways and Means, and in addition to the Committee on 
the Budget, 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

_______________________________________________________________________

                                 A BILL


 
  To amend title XVIII of the Social Security Act to take the Federal 
  Hospital Insurance Trust Fund under the Medicare Program off budget.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. OFF-BUDGET STATUS OF FEDERAL HOSPITAL INSURANCE TRUST FUND.

    (a) In General.--Section 1817 of the Social Security Act (42 U.S.C. 
1395i) is amended by adding at the end the following new subsection:
    ``(l) Exclusion of Trust Fund From All Budgets.--Notwithstanding 
any other provision of law, the receipts and disbursements of the Trust 
Fund shall not be counted as new budget authority, outlays, receipts, 
or deficit or 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) Effective Date.--The amendment made by subsection (a) shall 
apply to fiscal years beginning on or after October 1, 2000.
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