II 

109TH CONGRESS 

2D SESSION S. 2752 

To amend titles II and XVIII of the Social Security Act to limit the service 

of a member of the Board of Trustees of the Federal Old-Age and 

Survivors Insurance Trust Fund, the Federal Disability Insurance Trust 

Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund serving as a member of the 

public to one four-year term and to require the President to consult 

with the chairman and ranking member of the Committee on Finance 

of the Senate prior to nominating an individual to serve as such a 

member. 

IN THE SENATE OF THE UNITED STATES 

MAY 4, 2006 

Mr. GRASSLEY (for himself and Mr. BAUCUS) introduced the following bill; 

which was read twice and referred to the Committee on Finance 

A BILL 

To amend titles II and XVIII of the Social Security Act 

to limit the service of a member of the Board of Trustees 

of the Federal Old-Age and Survivors Insurance Trust 

Fund, the Federal Disability Insurance Trust Fund, the 

Federal Hospital Insurance Trust Fund, or the Federal 

Supplementary Medical Insurance Trust Fund serving 

as a member of the public to one four-year term and 

to require the President to consult with the chairman 

and ranking member of the Committee on Finance of 

the Senate prior to nominating an individual to serve 

as such a member. 


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1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. LIMITATION TO ONE FOUR-YEAR TERM OF 

4 SERVICE FOR A MEMBER OF THE BOARD OF 

5 TRUSTEES OF THE SOCIAL SECURITY OR 

6 MEDICARE TRUST FUNDS SERVING AS A 

7 MEMBER OF THE PUBLIC AND REQUIRED 

8 CONSULTATION PRIOR TO NOMINATING AN 

9 INDIVIDUAL TO SERVE AS SUCH A MEMBER. 

10 (a) SOCIAL SECURITY TRUST FUNDS.—Section 

11 201(c) of the Social Security Act (42 U.S.C. 401(c)) is 

12 amended— 

13 (1) in the first sentence, by inserting ‘‘, after 

14 consultation with the chairman and ranking member 

15 of the Committee on Finance of the Senate,’’ after 

16 ‘‘President’’; and 

17 (2) by inserting after the first sentence the fol18 lowing new sentence: ‘‘A member of the Board of 

19 Trustees serving as a member of the public may not 

20 serve more than one four-year term.’’. 

21 (b) MEDICARE TRUST FUNDS.— 

22 (1) PART A TRUST FUND.—Section 1817(b) of 

23 such Act (42 U.S.C. 1395i(b)) is amended— 

24 (A) in the first sentence, by inserting ‘‘, 

25 after consultation with the chairman and rankVerDate Aug 31 2005 23:35 May 06, 2006 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S2752.IS S2752

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1 ing member of the Committee on Finance of 

2 the Senate,’’ after ‘‘President’’; and 

3 (B) by inserting after the first sentence 

4 the following new sentence: ‘‘A member of the 

5 Board of Trustees serving as a member of the 

6 public may not serve more than one four-year 

7 term.’’. 

8 (2) PART B TRUST FUND.—Section 1841(b) of 

9 such Act (42 U.S.C. 1395t(b)) is amended— 

10 (A) in the first sentence, by inserting ‘‘, 

11 after consultation with the chairman and rank12 ing member of the Committee on Finance of 

13 the Senate,’’ after ‘‘President’’; and 

14 (B) by inserting after the first sentence 

15 the following new sentence: ‘‘A member of the 

16 Board of Trustees serving as a member of the 

17 public may not serve more than one four-year 

18 term.’’. 

19 (c) EFFECTIVE DATE.—The amendments made by 

20 this section take effect on the date of enactment of this 

21 Act and shall apply to confirmations and appointments of 

22 members of the Board of Trustees of the Federal Old23 Age and Survivors Insurance Trust Fund, the Federal 

24 Disability Insurance Trust Fund, the Federal Hospital In25 surance Trust Fund, or the Federal Supplementary MedVerDate Aug 31 2005 23:35 May 06, 2006 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S2752.IS S2752

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1 ical Insurance Trust Fund serving as a member of the 

2 public occurring on or after that date. 

Æ 


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