I 

115TH CONGRESS 

1ST SESSION H. R. 1113 

To amend title II of the Social Security Act to ensure that the receipts 

and disbursements of the Social Security trust funds are not included 

in a unified Federal budget and to provide that Social Security contributions are used to protect Social Security solvency by mandating that 

Trust Fund monies cannot be diverted to create private accounts. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 16, 2017 

Mr. DEFAZIO introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on the 

Budget, for a period to be subsequently determined by the Speaker, in 

each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL 

To amend title II of the Social Security Act to ensure that 

the receipts and disbursements of the Social Security 

trust funds are not included in a unified Federal budget 

and to provide that Social Security contributions are 

used to protect Social Security solvency by mandating 

that Trust Fund monies cannot be diverted to create 

private accounts. 

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


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Social Security Protec3 tion and Truth in Budgeting Act of 2017’’. 

4 SEC. 2. EXCLUSION OF THE SOCIAL SECURITY TRUST 

5 FUNDS FROM THE UNIFIED FEDERAL BUDG6 ET. 

7 (a) IN GENERAL.—Section 201 of the Social Security 

8 Act (42 U.S.C. 401) is amended by adding at the end the 

9 following new subsection: 

10 ‘‘(o)(1) The receipts and disbursements of the Fed11 eral Old-Age and Survivors Insurance Trust Fund and the 

12 Federal Disability Insurance Trust Fund (including taxes 

13 upon which any such receipts are based)— 

14 ‘‘(A) shall not be included in the Federal budg15 et baseline for any fiscal year, and 

16 ‘‘(B) shall not be counted as new budget au17 thority, outlays, receipts, or deficit or surplus for 

18 purposes of— 

19 ‘‘(i) offsetting any tax decrease, or 

20 ‘‘(ii) offsetting any spending increase. 

21 ‘‘(2) Any official statement issued by the Office of 

22 Management and Budget or by the Congressional Budget 

23 Office of surplus or deficit totals of the budget of the 

24 United States Government as submitted by the President 

25 or of the surplus or deficit totals of the congressional 

26 budget, and any description of, or reference to, such totals 


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1 in any official publication or material issued by either of 

2 such Offices, shall exclude the receipts and disbursements 

3 totals of the Federal Old-Age and Survivors Insurance 

4 Trust Fund and the Federal Disability Insurance Trust 

5 Fund (including taxes upon which any such receipts are 

6 based).’’. 

7 (b) EFFECTIVE DATE.—The amendment made by 

8 this section shall apply to fiscal years beginning on or 

9 after October 1, 2017. 

10 SEC. 3. PROTECTION OF SOCIAL SECURITY SOLVENCY. 

11 Those amounts, equal to taxes imposed under sec12 tions 1401 and 3101 of the Internal Revenue Code of 

13 1986 and taxes imposed under chapter 1 of such Code 

14 to the extent attributable to section 86 of such Code, 

15 which are made available to the Federal Old-Age and Sur16 vivors Insurance Trust Fund and the Federal Disability 

17 Insurance Trust Fund under the applicable provisions of 

18 law as in effect on the date of the enactment of this Act, 

19 shall be available solely for the purposes of the old-age, 

20 survivors, and disability insurance program under title II 

21 of the Social Security Act, as in effect on such date, and 

22 shall not be available for the establishment or funding of 

23 private accounts. 

Æ 


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