H.R.3351: To amend the Social Security Act to establish the Protect Social Security Account into which the Secretary of the Treasury shall deposit budget surpluses until a reform measure is enacted to ensure the long-term solvency of the OASDI trust funds.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about economics and public finance
  • Introduced March 5, 1998
  • Latest Major Action March 11, 1998

Bill Sponsor

Bill Summary

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to establish in the Treasury the Protect Social Security Account to save budget surpluses until a reform measure is enacted to ensure the long-term solvency of the Old Age, Survivors and Disability Insurance Trust Fund. Requires the Secretary of the Treasury to: (1) pay into the Account at the end of each fiscal year an amount equal to any such...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
March 5, 1998

Introduced in the House by Jim Bunning (R-Ky.)

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