I

106TH CONGRESS

1ST SESSION H. R. 196

To amend the Balanced Budget and Emergency Deficit Control Act of 1985

to extend and clarify the pay-as-you-go requirements regarding the Social

Security trust funds.

IN THE HOUSE OF REPRESENTATIVES

JANUARY 6, 1999

Mr. MINGE (for himself, Mr. LUTHER, Mr. JOHN, and Mr. DAVIS of Florida)

introduced the following bill; which was referred to the Committee on the

Budget

A BILL

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to extend and clarify the pay-as-yougo requirements regarding the Social Security trust

funds.

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

3 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘Surplus Protection Act

5 of 1999’’.
2

•HR 196 IH

1 SEC. 2. EXTENSION AND MODIFICATION OF PAY-AS-YOU-GO

2 REQUIREMENT.

3 (a) EXTENSION.—(1) Section 252(a) of the Balanced

4 Budget and Emergency Deficit Control Act of 1985 is

5 amended by striking ‘‘enacted before October 1, 2002,’’

6 both places it appears.

7 (2) The last sentence of section 275(b) of the Bal8 anced Budget and Emergency Deficit Control Act of 1985

9 is amended by striking ‘‘2006’’ and inserting ‘‘2009’’.

10 (b) MODIFICATION.—(1) Section 250(c) of the Bal11 anced Budget and Emergency Deficit Control Act of 1985

12 is amended by adding at the end the following new para13 graph:

14 ‘‘(20) The term ‘BUDGET INCREASE’ means, for

15 purposes of section 252, an increase in direct spend16 ing outlays or a decrease in receipts relative to the

17 baseline, and the term ‘BUDGET DECREASE’ means,

18 for purposes of section 252, a decrease in direct

19 spending outlays or an increase in receipts relative

20 to the baseline.’’.

21 (2) Section 252(a) of the Balanced Budget and

22 Emergency Deficit Control Act of 1985 is amended—

23 (A) by striking ‘‘increases the deficit’’ and in24 serting ‘‘results in a net budget increase’’; and
3

•HR 196 IH

1 (B) by inserting before the period the following:

2 ‘‘except to the extent that the total budget surplus

3 exceeds the social security surplus’’.

4 (3) Section 252(b)(1) of the Balanced Budget and

5 Emergency Deficit Control Act of 1985 is amended—

6 (A) in its side heading by inserting ‘‘AND

7 AMOUNT’’ after ‘‘TIMING’’; and

8 (B) by striking ‘‘net deficit increase’’ and in9 serting ‘‘net budget increase’’ and by adding at the

10 end the following new sentence: ‘‘The requirement of

11 the preceding sentence shall apply for any fiscal year

12 only to the extent that the surplus, if any, before the

13 sequestration required by this section in the total

14 budget (which, notwithstanding section 710 of the

15 Social Security Act, includes both on-budget and off16 budget Government accounts) is less than the com17 bined surplus for that year in the Federal Old-Age

18 and Survivors Insurance Trust Fund and the Fed19 eral Disability Insurance Trust Fund.’’.

20 (4) Section 252(b)(2) of the Balanced Budget and

21 Emergency Deficit Control Act of 1985 is amended—

22 (A) in its side heading by striking ‘‘DEFICIT IN23 CREASE’’ and inserting ‘‘NET BUDGET INCREASE’’;

24 and
4

•HR 196 IH

1 (B) by striking ‘‘deficit increase or decrease’’

2 the first place it appears and inserting ‘‘any net

3 budget increase’’; and

4 (C) by striking ‘‘any net deficit increase or de5 crease in the current year resulting from’’.

6 (5) The side heading of section 252(c) of the Bal7 anced Budget and Emergency Deficit Control Act of 1985

8 is amended by striking ‘‘DEFICIT INCREASE’’ and insert9 ing ‘‘NET BUDGET INCREASE’’.

Æ