HR 1542 · 98th Congress · Social Welfare

Social Security Reform Act of 1983

Introduced 1983-02-17· Sponsored by Rep. Panetta, Leon [D-CA-16]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Health.(1983-02-25)

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 require that the following items be treated as separate functional categories in the Federal budget: (1) those disbursements from the Federal Old-Age and Survivors Insurance Trust Fund which are not intragovernmental transfers within the Government; and (2) the old age, survivors and disability insurance taxes imposed on employers, employees, and self-employment income. Amends title II and XVIII (Medicare) of the Social Security Act to consolidate the Federal Disability Insurance Trust Fund and the Federal Hospital Insurance Trust Fund into the Federal Disability and Health Insurance Trust Fund. Appropriates to the Federal Disability and Health Insurance Trust Fund for FY 1983 and subsequent fiscal years 100 percent of: (1) the disability and hospital insurance taxes imposed on employers, employees, and self-employment income pursuant to this Act; and (2) the income taxes imposed on married individuals filing joint returns and surviving spouses. Provides that disability benefit payments, wife's, husband's, and child's insurance benefit payments to individ…

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

Cosponsors (7)

6 Democrats1 Republican