HR 1330 · 109th Congress · Social Welfare
Social Security Trust Funds Protection Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Social Security.(2005-03-24)
Plain Language Summary
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Social Security Trust Funds Protection Act - Makes those amounts, equal to taxes on employees and on self-employment income as well as taxes attributable to Social Security and tier 1 railroad retirement benefits, which are made available to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, available solely for the purposes of the Old-Age, Survivors, and Disability Insurance (OASDI) program under title II of the Social Security Act. Declares that such amounts shall not be available for the establishment or funding of private accounts.…
Summarized by Claude AI · Non-partisan · For informational purposes only