tion 6 of the Social Security Personal Savings and 
Prosperity Act of 2004. 
‘‘Charges and Credits to the Social Security Part B 
Account 
‘‘(d)(1) For each fiscal year, the Social Security Part 
B Account shall be credited with—
‘‘(A) all redirected social security contributions 
transferred during the year to the Personal Social 
Security Savings Fund under section 252(b) of the 
Social Security Act, and 
‘‘(B) any net increase in the Tier I Investment 
Fund attributable to investment for the fiscal year, 
any net increase in the Tier II Investment Fund at-
tributable to investment for the fiscal year, and the 
total amount of any net increases in Tier III Invest-
ment Options attributable to investment for the fis-
cal year. 
‘‘(2) For each fiscal year, the Social Security Part 
B Account shall be charged with—
‘‘(A) all administrative costs incurred for the 
fiscal year with respect to the Tier I Investment 
Fund, the Tier II Investment Fund, and the Tier III 
Investment Options, 
‘‘(B) any net decrease in the Tier I Investment 
Fund attributable to investment for the fiscal year,
any net decrease in the Tier II Investment Fund at-
tributable to investment for the fiscal year, and the 
total amount of any net decreases in Tier III Invest-
ment Options attributable to investment for the fis-
cal year, and 
‘‘(C) all amounts distributed during the year 
under section 259 from the Tier I Investment Fund, 
the Tier II Investment Fund, and the Tier III In-
vestment Options. 
‘‘Charges and Credits to the Self-Liquidating Social 
Security Transition Fund Account 
‘‘(e)(1) For each fiscal year, the Self-Liquidating So-
cial Security Transition Account shall be credited with—
‘‘(A) all transfers to the Transition Fund from 
the Federal Old-Age and Survivors Insurance Trust 
Fund under section 6(b) of the Social Security Per-
sonal Savings Guarantee and Prosperity Act of 
2004, and 
‘‘(B) all amounts expended during the fiscal 
year from the Trust Funds in the redemption under 
section 7(e) of such Act of obligations issued by the 
Transition Fund under section 8 of such Act. 
‘‘(2) For each fiscal year, the Self-Liquidating Social 
Security Transition Fund Account shall be charged with 
the total amount of obligations issued during the fiscal
year by the Transition Fund under section 7 of the Social 
Security Personal Savings Guarantee and Prosperity Act 
of 2004.’’. 
SEC. 9. BUDGETARY TREATMENT OF SOCIAL SECURITY. 
(a) IN GENERAL.—Section 710 of the Social Security 
Act (42 U.S.C. 911) is amended to read as follows: 
‘‘BUDGETARY TREATMENT OF SOCIAL SECURITY 
‘‘SEC. 710. (a) IN GENERAL.—Notwithstanding any 
other provision of law and except as provided in subsection 
(b), the receipts and disbursements of the Federal Old-
Age and Survivors Insurance Trust Fund, the Federal 
Disability Insurance Trust Fund, and the Social Security 
Personal Savings Fund (including transfers to and from 
the Federal Old-Age and Survivors Insurance Trust Fund 
or the Federal Disability Insurance Trust Fund relating 
to the acquisition or redemption of obligations acquired 
under section 201(d) of the Social Security Act) and the 
taxes imposed under sections 1401 and 3101 of the Inter-
nal Revenue Code of 1986 shall not be counted as new 
budget authority, outlays, receipts, or deficit or surplus 
for purposes of the budget of the Government as sub-
mitted by the President or the congressional budget or be 
reported as new budget authority, outlays, receipts, or def-
icit or surplus in any report of the Congressional Budget 
Office or any other agency or instrumentality of the Gov-
ernment
‘‘(b) MATTERS INCLUDED IN THE BUDGET.—Sub-
section (a) shall not apply with respect to the following: 
‘‘(1) transfers from the general fund of the 
Treasury to the Federal Old-Age and Survivors In-
surance Trust Fund under section 4(a) of the Social 
Security Personal Savings Guarantee and Prosperity 
Act of 2004 (relating to recapture of corporate tax 
on account yields), which shall be treated as an ex-
penditure of the Government; 
‘‘(2) transfers from the general fund of the 
Treasury to the Federal Old-Age and Survivors In-
surance Trust Fund under section 4(b) of the Social 
Security Personal Savings Guarantee and Prosperity 
Act of 2004 (relating to recapture of Government 
savings over baseline), which shall be treated as an 
expenditure of the Government; 
‘‘(3) transfers from the general fund of the 
Treasury to the Federal Old-Age and Survivors In-
surance Trust Fund or the Federal Disability Insur-
ance Trust Fund under section 121(e) of the Social 
Security Amendments of 1983 (relating to appro-
priation of amounts equivalent to taxes on social se-
curity benefits) (42 U.S.C. 401 note), which shall be 
treated as an expenditure of the Government; and