Social Security Trust Funds Integrity Act of 1993

Summary

Social Security Trust Funds Integrity Act of 1993 - Amends titles II (Old Age, Survivors and Disability Insurance) (OASDI) and XVIII (Medicare) of the Social Security Act to: (1) restructure the Board of Trustees of the trust funds supporting the OASDI and Medicare programs, with each Board composed of members appointed by the President, by and with the advice and consent of the Senate, on a bipartisan basis at the recommendation of House and Senate leadership and the five largest organizations representing senior citizens; (2) make it the duty of the Managing Trustee chairing the Board to invest trust fund amounts according to an annual investment plan the Board is required to formulate and submit to the President and the Congress; and (3) remove restrictions on investment and disinvestment of amounts in such trust funds.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 June 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 23 June 1993

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• Introduced in House

  summary · EN · 23 June 1993

  Open at official source

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