Text: H.R.2581 — 112th Congress (2011-2012)All Information (Except Text)

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Introduced in House (07/18/2011)


112th CONGRESS
1st Session
H. R. 2581


To provide that the public debt limit shall not affect timely payment in full of Social Security benefits.


IN THE HOUSE OF REPRESENTATIVES

July 18, 2011

Mr. Posey (for himself, Mr. Webster, Mr. Miller of Florida, Mr. Austin Scott of Georgia, Mr. Latta, Mr. Griffith of Virginia, and Mr. Farenthold) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To provide that the public debt limit shall not affect timely payment in full of Social Security benefits.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Social Security Check Guarantee Act of 2011”.

SEC. 2. Timely payment in full of Social Security benefits notwithstanding the public debt limit.

(a) In general.—Nothing in section 3101 of title 31, United States Code, shall be construed to have the effect of—

(1) precluding or otherwise limiting timely redemption of obligations owed to the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund to the extent necessary to provide for timely payment in full of benefits payable from such Trust Funds, or

(2) otherwise precluding or limiting timely payment in full of benefits payable from such Trust Funds.

(b) Operation of the public debt limit in other respects.—In applying the limitation on public debt under section 3101 of title 31, United States Code, subsection (a) shall be taken into account before applying such limitation to any other matter affected by such section.


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