Expressing support for the recognition of the week of November 5 through November 11, 2023, as "Drowsy Driving Prevention Week".
- Last Action
- 11/14/2023
Actions
- 2024-12-17Referred to the Subcommittee on Social Security.
- 2023-02-06Referred to the House Committee on Ways and Means.
- 2023-02-06Introduced in House
- 2023-02-06Introduced in House
CRS Summary
As of 2023-02-06 (00)
Social Security and Medicare Lock-Box Act
This bill establishes (1) in the Federal Old-Age and Survivors Insurance Trust Fund, a Social Security Surplus Protection Account; and (2) in the Federal Hospital Insurance Trust Fund, a Medicare Surplus Protection Account.
The Managing Trustee of each trust fund (in both cases, the Secretary of the Treasury) (1) must transfer the annual surplus of the trust fund to its respective account; and (2) may not invest the balance in the account until a law takes effect that authorizes, for amounts in the trust fund, an investment vehicle other than U.S. obligations.
The bill establishes in the executive branch a commission to study the most effective vehicles for investment of the trust funds, other than investments in the form of U.S. obligations.
Subjects
- Advisory bodies
- Executive agency funding and structure
- Financial services and investments
- Government studies and investigations
- Government trust funds
- Medicare
- Social security and elderly assistance
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.