US Congress House Bill 1269 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 23 2021 - 25% progression, died in committee
Action: 2021-02-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

To amend titles II and XVIII of the Social Security Act to establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund to hold the Social Security surplus and a Medicare Surplus Protection Account in the Federal Hospital Insurance Trust Fund to hold the Medicare surplus, to provide for suspension of investment of amounts held in such Accounts until enactment of legislation providing for investment of the Trust Funds in investment vehicles other than obligations of the United States, and to establish a Social Security and Medicare Part A Investment Commission to make recommendations for alternative forms of investment of the Social Security and Medicare surpluses.

Social Security and Medicare Lock-Box Act

Rep. Tim Walberg [R-MI]

Date	Chamber	Action
2021-02-23	House	Referred to the House Committee on Ways and Means.
2021-02-23	House	Referred to the Subcommittee on Health.
2021-02-23	House	Referred to the Subcommittee on Social Security.
2021-02-23	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/117th-congress/house-bill/1269/all-info
Text	https://www.congress.gov/117/bills/hr1269/BILLS-117hr1269ih.pdf