HR 7452 · 97th Congress · Social Welfare

Social Security Reform Act of 1983

Introduced 1982-12-20· Sponsored by Rep. Panetta, Leon [D-CA-16]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1982-12-20)

Plain Language Summary

[AI summary unavailable — showing source text] Social Security Reform Act of 1983 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to treat as separate functional categories in the U.S. budget: (1) those disbursements from the Federal Old Age and Survivors Insurance Trust Fund which are not intragovernmental transfers within the Government; and (2) employment related social security taxes. Amends titles II and XVIII (Medicare) of the Social Security Act to consolidate the Federal Disability Insurance Trust Fund and the Federal Hospital Insurance Trust Fund by creating the Federal Disability and Health Insurance Trust Fund. Appropriates to such Fund annually, out of any funds in the Treasury not otherwise appropriated, 100 percent of: (1) the disability and hospital insurance tax on employers, employees, and the self-employed established by this Act; and (2) the taxes imposed on married individuals filing joint returns and surviving spouses. Appropriates to the Federal Disability and Health Insurance Trust Fund, upon the depletion of such fund, such sums as may be necessary to assure that payments are made promptly for hospital insurance benefits, wife's insurance benefits, husband's ins…

Summarized by Claude AI · Non-partisan · For informational purposes only