H.R.1215: Social Security and Medicare Lock-Box Act

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Bill Summary

Social Security and Medicare Lock-Box Act This bill establishes (1) in the Federal Old-Age and Survivors Insurance Trust Fund, a Social Security Surplus Protection Account; and (2) in the Federal Hospital Insurance Trust Fund, a Medicare Surplus Protection Account. The Managing Trustee of each trust fund (in both cases, the Secretary of the Treasury) (1) must transfer the annual surplus of the trust fund to its respective account; and (2) may...

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 13, 2019
Referred to the Subcommittee on Social Security.
Feb. 13, 2019
Referred to the House Committee on Ways and Means.
Feb. 13, 2019

Introduced in the House by Tim Walberg (R-Mich.)

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