To amend the Social Security Act to provide additional safeguards for beneficiaries with representative payees under the old-age, survivors, and disability insurance program or the supplemental security income program.

[AI summary unavailable — showing source text] Amends titles II (Old Age, Survivors and Disability Insurance) (OASDI) and XVI (Supplemental Security Income) (SSI) of the Social Security Act (SSA) with regard to: (1) authority to reissue OASDI and SSI benefits misused by organizational representative payees; (2) bonding and licensing requirements applicable to nongovernmental organizational representative payees; (3) fee forfeiture in case of benefit misuse by qualified organizational representative payees; and (4) liability of nongovernmental representative payees for misused benefits.…