United States · Bill · S
S. 478 (98th)
A bill to amend the Social Security Act to provide for removal of the social security trust funds from the unified budget.
Introduced
15 February 1983
Last action
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Status
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one committee reports, the other have thirty days of continuous session to report to be discharged.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends part A (General Provisions) of title XI of the Social Security Act to: (1) exclude the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund and social security taxes from the totals of the Federal budget; and (2) exempt such items from any general statutory limitation on Federal expenditures and net lending. Requires that the Federal Supplementary Medical Insurance Trust Fund be treated as a separate item in the Federal budget with respect to new budget authority and budget outlays and recommended revenue levels for such fund.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 15 February 1983
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/senate-bill/478
- Open data entity: https://api.congress.gov/v3/bill/98/s/478