HR 97 · 107th Congress 2001–2003, ended

Notch Fairness Act of 2001

Fact sheet

Latest action · Feb 9, 2001 Referred to the Subcommittee on Social Security.

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. IntroducedJan 3, 2001
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Notch Fairness Act of 2001 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise the formula for the computation of minimum Old Age Insurance benefits for individuals who reached age 65 in or after 1979 and to whom applies the 15-year transition period for the changes in benefit computation rules enacted in the Social Security Amendments of 1977.

Sets forth a schedule of additional benefit increases for such beneficiaries (and related beneficiaries), with percentages declining from 55 percent to five percent and keyed to the year an individual became eligible for such benefits between 1979 and 1988.

Allows such beneficiaries, in the alternative, to receive lump sum payments over four years totaling $5,000.

Directs the Director of the Office of Management and Budget, when estimating any additional spending under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) resulting from this Act, to decrease the adjusted discretionary spending limits for budget authority and outlays for FY 2002 set forth in such Act by the increase in direct spending estimated to result from enactment of this Act for that fiscal year.

Cosponsors 98

Members who signed on, in the order they did. Signatures ran from Jan 3, 2001 to Oct 3, 2002, with 23 there on the day it was introduced.

SeatCosponsorSigned on
D-WAAdam SmithOriginalJan 3, 2001
D-NYAnthony D. WeinerOriginalJan 3, 2001
D-CABob FilnerOriginalJan 3, 2001
R-ALBob RileyOriginalJan 3, 2001
R-NCCharles H. TaylorOriginalJan 3, 2001
D-ALEarl F. HilliardOriginalJan 3, 2001
D-NYEliot L. EngelOriginalJan 3, 2001
D-CAGary A. ConditOriginalJan 3, 2001
D-TXGene GreenOriginalJan 3, 2001
R-NYJack QuinnOriginalJan 3, 2001
D-MIJames A. BarciaOriginalJan 3, 2001
D-MEJohn Elias BaldacciOriginalJan 3, 2001
R-WIMark GreenOriginalJan 3, 2001
D-TXMartin FrostOriginalJan 3, 2001
D-TXNick LampsonOriginalJan 3, 2001

Actions 3

Everything that happened, newest first.

  1. Feb 9, 2001Referred to the Subcommittee on Social Security.
  2. Jan 3, 2001Introduced in House
  3. Jan 3, 2001Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects

Assigned by the Library of Congress. Policy area: Social Welfare.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.