Summary: H.R.1113 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.1113. Bill summaries are authored by CRS.

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Introduced in House (02/16/2017)

Social Security Protection and Truth in Budgeting Act of 2017

This bill amends title II (Old Age, Survivors, and Disability Insurance) (OASDI) of the Social Security Act to: (1) separate the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund ("Social Security trust funds") from the federal budget; and (2) specify that amounts made available to the Social Security trust funds from Social Security taxes be used solely for OASDI purposes, and not for the establishment or funding of private accounts.