HR 2 · 107th Congress 2001–2003, ended

Social Security and Medicare Lock-Box Act of 2001

Introduced Feb 8, 2001 Originated House Sponsor Wally Herger R-CA

Fact sheet

Latest action · Feb 15, 2001 Referred jointly to the Committee on the Budget; Governmental Affairs pursuant to the orders of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 8, 2001
  2. Passed HouseFeb 13, 2001
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Social Security and Medicare Lock-Box Act of 2001 - Amends the Congressional Budget Act of 1974 to provide a point of order against consideration of any: (1) budget resolution that sets forth a surplus for any fiscal year that is less than the surplus of the Federal Hospital Insurance Trust Fund for such year; or (2) legislation that would cause any surplus to be less than the Fund surplus for the covered fiscal year.

Makes the point of order described in (1) above inapplicable to the extent that a violation would result from an assumption in the resolution of an increase in outlays or decrease in revenue relative to the baseline underlying the resolution for social security or Medicare reform legislation. Makes the point of order described in (2) above inapplicable to social security or Medicare reform legislation. Establishes the levels of surplus for purposes of enforcing the preceding points of order. Authorizes a waiver or suspension of such points of order only by an affirmative vote of three-fifths of the Members of the Senate.

Requires any Federal budget submitted by the President that recommends an on-budget surplus for any fiscal year that is less than the surplus of the Fund for such year to include a proposal for social security or Medicare reform legislation. Makes this Act inapplicable upon the enactment of social security and Medicare reform legislation. Defines "social security reform legislation" and "Medicare reform legislation" as a bill or joint resolution to save social security or Medicare, respectively, that specifies that it constitutes reform legislation.

Recorded votes 1

Newest first. Open one to see how every member voted.

Roll callQuestionResultDate
House 13Passed405–2Feb 13, 2001

Cosponsors 70

Members who signed on, in the order they did. Signatures ran from Feb 8, 2001 to Feb 13, 2001, with 31 there on the day it was introduced.

SeatCosponsorSigned on
R-FLAdam H. PutnamOriginalFeb 8, 2001
R-FLAnder CrenshawOriginalFeb 8, 2001
R-IDC. L. (Butch) OtterOriginalFeb 8, 2001
R-CADavid DreierOriginalFeb 8, 2001
R-OHDeborah PryceOriginalFeb 8, 2001
R-MTDenny RehbergOriginalFeb 8, 2001
R-WADoc HastingsOriginalFeb 8, 2001
R-FLE. Clay Shaw Jr.OriginalFeb 8, 2001
R-VAEdward L. SchrockOriginalFeb 8, 2001
R-CAEdward R. RoyceOriginalFeb 8, 2001
R-VAEric CantorOriginalFeb 8, 2001
R-KYErnie FletcherOriginalFeb 8, 2001
R-SCHenry E. Brown, Jr.OriginalFeb 8, 2001
R-TXJohn Abney CulbersonOriginalFeb 8, 2001
R-GAJohn LinderOriginalFeb 8, 2001
Show all 70 cosponsors

Actions 16

Everything that happened, newest first.

  1. Feb 15, 2001Referred jointly to the Committee on the Budget; Governmental Affairs pursuant to the orders of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.
  2. Feb 15, 2001Senate Committee on Finance discharged by Unanimous Consent.
  3. Feb 14, 2001Received in the Senate and Read twice and referred to the Committee on Finance.
  4. Feb 13, 2001At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  5. Feb 13, 2001Considered as unfinished business. (consideration: CR H277-278)
Show all 16 actions

Subjects

Assigned by the Library of Congress. Policy area: Economics and Public Finance.

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