[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.
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