United States · Bill · S
S. 1962 (106th)
Social Security and Medicare Safe Deposit Box Act of 1999
Introduced
18 November 1999
Last action
22 June 2000 · Introduced
Status
Sponsor introductory remarks on measure. (CR S5654)
Sponsors
Sen. Ashcroft, John [R-MO], Sen. Allard, Wayne [R-CO], Sen. Inhofe, James M. [R-OK], Sen. Santorum, Rick [R-PA], Sen. Fitzgerald, Peter [R-IL], Sen. Voinovich, George V. [R-OH]
Subjects
Taxation, Budget
Source updated
20 August 2025
Summary
Social Security and Medicare Safe Deposit Box Act of 1999 - Provides that the net surplus of any trust fund for part A of Medicare shall not be counted as a net surplus for purposes of the Federal or congressional budgets or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Amends the Congressional Budget Act of 1974 to provide a point of order in the House of Representatives or the Senate against consideration of any concurrent budget resolution or conference report or amendment pertaining thereto that would set forth an on-budget deficit for any fiscal year. Makes it out of order in the House or the Senate to consider any bill, joint resolution, amendment, motion, or conference report if the enactment of the reported bill or resolution, the adoption and enactment of an amendment, or the enactment of a bill or resolution in the form recommended in the conference report would cause or increase an on-budget deficit for any fiscal year. Includes the receipts, outlays, and surplus or deficit in the Federal Old-Age and Survivors and Disability Insurance Trust Funds within the content of the concurrent budget resolution. Authorizes a waiver or suspension in the Senate of points of order under this Act only with a three-fifths majority. Requires the same majority to sustain an appeal on a ruling on such points of order. Prohibits the Federal Government budget submitted by the President from recommending an on-budget deficit for any covered fiscal year. Applies the amendments made by this Act to FY 2001 and subsequent fiscal years.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
18 November 1999
Introduced
Sponsor introductory remarks on measure. (CR S14814)
Source: IntroReferral
18 November 1999
Introduced
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.
Source: IntroReferral
18 November 1999
Introduced
Introduced in Senate
Source: IntroReferral
22 June 2000
Introduced
Sponsor introductory remarks on measure. (CR S5654)
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Referral Instructions Senate · 18 November 1999 · Download file
Documents
3 official files
Referral Instructions Senate (text)
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Leesvertaling
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Referral Instructions Senate (text)
Referral Instructions Senate · EN · 18 November 1999
Referral Instructions Senate (PDF)
Referral Instructions Senate · EN · 18 November 1999
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Introduced in Senate
summary · EN · 18 November 1999
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Ashcroft, John [R-MO] · R · Sponsor
- Sen. Allard, Wayne [R-CO] · R · Cosponsor
- Sen. Inhofe, James M. [R-OK] · R · Cosponsor
- Sen. Santorum, Rick [R-PA] · R · Cosponsor
- Sen. Fitzgerald, Peter [R-IL] · R · Cosponsor
- Sen. Voinovich, George V. [R-OH] · R · Cosponsor
- · ssga00 · Standing
- · ssbu00 · Standing
Related records
- related to → Social Security and Medicare Lock-box Act of 2000
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/106th-congress/senate-bill/1962
- Open data entity: https://api.congress.gov/v3/bill/106/s/1962
- us · 106-s-1962 · source updated 20 August 2025