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United States · Bill · S

S. 2930 (106th)

Social Security Guarantee Act

referredUnited States· United States Congress· EN

Introduced

26 July 2000

Last action

26 July 2000 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Santorum, Rick [R-PA]

Subjects

Budget

Source updated

20 August 2025

Budget

Summary

Social Security Guarantee Act - Directs the Secretary of the Treasury to issue to each individual receiving benefits under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) and, thereafter, to each individual who applies for such benefits, a certificate representing a legally enforceable guarantee: (1) of the monthly amount of benefits that the individual will receive under that title, as determined on the certificate's date of issuance; and (2) that the benefits will be adjusted at least annually on the basis of an accurate determination of the increase in the individual's cost-of-living, and as a result in a change in the eligibility status of the individual under that title. States that any certificate issued under the authority of this Act constitutes budget authority in advance of appropriations Acts and represents the obligation of the Federal Government to provide for the payment to the individual to whom the certificate is issued OASDI benefits in the amounts set forth in the certificate and subsequently adjusted.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 26 July 2000

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 26 July 2000

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 26 July 2000

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 26 July 2000

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 26 July 2000

    Open at official source

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Sponsors

Related records

Sources

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