S.693 - Social Security Beneficiaries Protection Act107th Congress (2001-2002)
|Sponsor:||Sen. Grassley, Chuck [R-IA] (Introduced 04/04/2001)|
|Committees:||Senate - Finance|
|Latest Action:||04/04/2001 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Social Welfare
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Summary: S.693 — 107th Congress (2001-2002)All Bill Information (Except Text)
Social Security Beneficiaries Protection Act - Amends titles II (Old Age, Survivors and Disability Insurance) (OASDI) and XVI (Supplemental Security Income) (SSI) of the Social Security Act (SSA) with regard to: (1) authority to reissue OASDI and SSI benefits misused by organizational representative payees; (2) bonding and licensing requirements applicable to nongovernmental organizational representative payees; (3) fee forfeiture in case of benefit misuse by qualified organizational representative payees; and (4) liability of nongovernmental representative payees for misused benefits.
Introduced in Senate (04/04/2001)
Amends SSA title XI part A (General Provisions) to extend civil monetary penalty authority for SSA titles II and XVI with respect to representative payees who misuse and convert a payment under such titles to unauthorized uses.