I
105TH CONGRESS
1ST SESSION
H. R. 2586
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
SEPTEMBER 30, 1997
Mr. MINGE (for himself, Mr. CONDIT, Mr. NEUMANN, Mr. FROST, Mr. TAN-
NER, and Mr. SANDLIN) introduced the following bill; which was referred
to the Committee on the Budget
A BILL
To amend the Balanced Budget and Emergency Deficit Con-
trol Act of 1985 to extend and clarify the pay-as-you-
go requirements regarding the Social Security trust
funds.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Surplus Protection Act
of 1997’’.
SEC. 2. EXTENSION AND MODIFICATION OF PAY-AS-YOU-GO
REQUIREMENT.
(a) EXTENSION.—(1) Section 252(a) of the Balanced
Budget and Emergency Deficit Control Act of 1985 is
amended by striking ‘‘enacted before October 1, 2002,’’
both places it appears.
(2) The last sentence of section 275(b) of the Bal-
anced Budget and Emergency Deficit Control Act of 1985
is amended by striking ‘‘2006’’ and inserting ‘‘2008’’.
(b) MODIFICATION.—(1) Section 250(c) of the Bal-
anced Budget and Emergency Deficit Control Act of 1985
is amended by adding at the end the following new para-
graph:
‘‘(20) The term ‘BUDGET INCREASE’ means, for
purposes of section 252, an increase in direct spend-
ing outlays or a decrease in receipts relative to the
baseline, and the term ‘BUDGET DECREASE’ means,
for purposes of section 252, a decrease in direct
spending outlays or an increase in receipts relative
to the baseline.’’.
(2) Section 252(a) of the Balanced Budget and
Emergency Deficit Control Act of 1985 is amended—
(A) by striking ‘‘increases the deficit’’ and in-
serting ‘‘results in a net budget increase’’; and
(B) by inserting before the period the following:
‘‘except to the extent that the total budget surplus
exceeds the social security surplus’’.
(3) Section 252(b)(1) of the Balanced Budget and
Emergency Deficit Control Act of 1985 is amended—
(A) in its side heading by inserting ‘‘AND
AMOUNT’’ after ‘‘TIMING’’; and
(B) by striking ‘‘net deficit increase’’ and in-
serting ‘‘net budget increase’’ and by adding at the
end the following new sentence: ‘‘The requirement of
the preceding sentence shall apply for any fiscal year
only to the extent that the surplus, if any, before the
sequestration required by this section in the total
budget (which, notwithstanding section 710 of the
Social Security Act, includes both on-budget and off-
budget Government accounts) is less than the com-
bined surplus for that year in the Federal Old-Age
and Survivors Insurance Trust Fund and the Fed-
eral Disability Insurance Trust Fund.’’.
(4) Section 252(b)(2) of the Balanced Budget and
Emergency Deficit Control Act of 1985 is amended—
(A) in its side heading by striking ‘‘DEFICIT IN-
CREASE’’ and inserting ‘‘NET BUDGET INCREASE’’;
and
(B) by striking ‘‘deficit increase or decrease’’
the first place it appears and inserting ‘‘any net
budget increase’’; and
(C) by striking ‘‘any net deficit increase or de-
crease in the current year resulting from’’.
(5) The side heading of section 252(c) of the Bal-
anced Budget and Emergency Deficit Control Act of 1985
is amended by striking ‘‘DEFICIT INCREASE’’ and insert-
ing ‘‘NET BUDGET INCREASE’’.
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