I 
116TH CONGRESS 
1ST SESSION H. R. 4907 
To save and strengthen critical social contract programs of the Federal 
Government. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 29, 2019 
Mr. GALLAGHER (for himself, Mr. MCADAMS, Mr. TIMMONS, Mr. CASE, and 
Mr. PETERS) introduced the following bill; which was referred to the 
Committee on Oversight and Reform, and in addition to the Committees 
on Rules, and the Budget, for a period to be subsequently determined by 
the Speaker, in each case for consideration of such provisions as fall with-
in the jurisdiction of the committee concerned 
A BILL 
To save and strengthen critical social contract programs 
of the Federal Government. 
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 ‘‘Time to Rescue United 
States Trusts Act’’ or the ‘‘TRUST Act’’. 
SEC. 2. DEFINITIONS. 
In this Act: 
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(1) CO-CHAIR.—The term ‘‘co-chair’’ means an 
individual appointed to serve as a co-chair of a Res-
cue Committee under section 4(a)(4)(C)(i). 
(2) CRITICAL
SOCIAL
CONTRACT
PROGRAM.— 
The term ‘‘critical social contract program’’ means 
a Federal program the Secretary identifies in the re-
port under section 3. 
(3) RESCUE COMMITTEE.—The term ‘‘Rescue 
Committee’’ means a committee established under 
section 4(a). 
(4) RESCUE
COMMITTEE
BILL.—The term 
‘‘Rescue Committee bill’’ means a bill consisting 
solely of legislative language that a Rescue Com-
mittee approves and submits under clauses (i) and 
(vi), respectively, of section 4(a)(3)(B). 
(5) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of the Treasury. 
SEC. 3. IDENTIFICATION OF CRITICAL SOCIAL CONTRACT 
PROGRAMS. 
Not later than 45 days after the date of enactment 
of this Act, the Secretary shall submit to Congress a re-
port that identifies each Federal program— 
(1) for which a Federal trust fund is estab-
lished; 
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(2) the amount of outlays of which, for the fis-
cal year immediately preceding the fiscal year in 
which this Act is enacted, were not less than 
$20,000,000,000; and 
(3) the amount of dedicated Federal funds and 
Federal trust fund balances that the Secretary de-
termines will be inadequate, on any date during the 
period beginning on the date of enactment of this 
Act and ending on the last day of fiscal year 2035, 
to meet the total amount of outlays of the Federal 
program that would otherwise be made. 
SEC. 4. ESTABLISHMENT OF RESCUE COMMITTEES. 
(a) ESTABLISHMENT OF RESCUE COMMITTEES.— 
(1) ESTABLISHMENT.—On the date on which 
the Secretary submits the report under section 3, 
there shall be established a Rescue Committee for 
each critical social contract program. 
(2) GOALS.—The goals of each Rescue Com-
mittee shall be to, with respect to the critical social 
contract program for which the Rescue Committee is 
established— 
(A) avoid depletion of the Federal trust 
fund established for the critical social contract 
program; 
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(B) provide for the solvency of the Federal 
trust fund established for the critical social con-
tract program during the 75-year period begin-
ning on the date described in paragraph (1); 
(C) simplify the critical social contract pro-
gram to the extent practicable; and 
(D) otherwise improve the critical social 
contract program. 
(3) DUTIES.— 
(A) IN GENERAL.— 
(i) IMPROVING CRITICAL SOCIAL CON-
TRACT
PROGRAMS.—Each Rescue Com-
mittee may develop recommendations and 
legislative language that will significantly 
improve the critical social contract pro-
gram for which the Rescue Committee is 
established, including by— 
(I) increasing the duration of 
positive balances of the Federal trust 
fund established for the critical social 
contract program; and 
(II) to the extent practicable, 
providing for the solvency of the Fed-
eral trust fund established for the 
critical social contract program during 
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the 75-year period beginning on the 
date described in paragraph (1). 
(ii) RECOMMENDATIONS OF COMMIT-
TEES.—Not later than 30 days after the 
date described in paragraph (1), each com-
mittee of the Senate and the House of 
Representatives may transmit to the rel-
evant Rescue Committee any recommenda-
tions of the committee relating to changes 
in law to improve the critical social con-
tract program for which the Rescue Com-
mittee is established in accordance with 
the goals of the Rescue Committee de-
scribed in paragraph (2). 
(B) REPORT, 
RECOMMENDATIONS, 
AND 
LEGISLATIVE LANGUAGE.— 
(i) IN GENERAL.—Not later than No-
vember 12, 2020, each Rescue Committee 
shall meet to consider, and may vote on— 
(I) a report that contains a de-
tailed statement of the findings, con-
clusions, and recommendations of the 
Rescue Committee described in sub-
paragraph (A)(i) and the estimate of 
the Congressional Budget Office re-
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quired under paragraph (5)(D)(ii); 
and 
(II) legislative language to carry 
out the recommendations of the Res-
cue Committee in the report described 
in subclause (I), which shall include a 
statement of the economic and budg-
etary effects of the recommendations 
during the 75-year period beginning 
on the date described in paragraph 
(1). 
(ii) ADVISORY
NATURE.—Any pro-
posed change to the Standing Rules of the 
Senate or the Rules of the House of Rep-
resentatives included in a report or legisla-
tive language under clause (i) shall be con-
sidered to be merely advisory. 
(iii) APPROVAL OF REPORT AND LEG-
ISLATIVE LANGUAGE.—A report and legis-
lative language of a Rescue Committee 
under clause (i) shall require the approval 
of a majority of the members of the Rescue 
Committee, provided that such majority 
shall be required to include not less than 
2 members of each party. 
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(iv) ADDITIONAL VIEWS.— 
(I) IN GENERAL.—A member of 
a Rescue Committee who gives notice 
of an intention to file supplemental, 
minority, or additional views at the 
time of the final Rescue Committee 
vote on the approval of the report and 
legislative language of the Rescue 
Committee under clause (i) shall be 
entitled to 3 days to file those views 
in writing with the staff director of 
the Rescue Committee. 
(II) INCLUSION
IN
REPORT.— 
Views filed under subclause (I) shall 
be included in the report of the rel-
evant Rescue Committee under clause 
(i) and printed in the same volume, or 
part thereof, and such inclusion shall 
be noted on the cover of the report, 
except that, in the absence of timely 
notice, the report may be printed and 
transmitted immediately without such 
views. 
(v) REPORT AND LEGISLATIVE LAN-
GUAGE TO BE MADE PUBLIC.—Upon the 
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approval or disapproval of a report and 
legislative language under clause (i) by a 
Rescue Committee, the Rescue Committee 
shall promptly make the report, the legisla-
tive language, and a record of the vote on 
the report and legislative language avail-
able to the public. 
(vi) SUBMISSION
OF
REPORT
AND 
LEGISLATIVE LANGUAGE.—If a report and 
legislative language are approved by a Res-
cue Committee under clause (i), not later 
than 3 days after the date on which the re-
port and legislative language are made 
available to the public under clause (v), the 
Rescue Committee shall submit the report 
and legislative language to the President, 
the Vice President, the Speaker of the 
House of Representatives, and the majority 
and minority leaders of each House of 
Congress. 
(vii) 
RULE
OF
CONSTRUCTION.— 
Nothing in this subparagraph shall be con-
strued to prohibit a Rescue Committee 
from voting on a report and legislative lan-
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House of Representatives who shall serve 
as members of the Rescue Committee. 
(C) CO-CHAIRS.— 
(i) IN GENERAL.—Not later than 14 
days after the date described in paragraph 
(1), with respect to each Rescue Com-
mittee— 
(I) the majority leader of the 
Senate shall appoint 1 individual from 
among the members of the Rescue 
Committee who shall serve as a co- 
chair of the Rescue Committee; and 
(II) the Speaker of the House of 
Representatives shall appoint 1 indi-
vidual from among the members of 
the Rescue Committee who shall serve 
as a co-chair of the Rescue Com-
mittee. 
(ii) STAFF DIRECTOR.—With respect 
to each Rescue Committee, the co-chairs of 
the Rescue Committee, acting jointly, shall 
hire the staff director of the Rescue Com-
mittee. 
(D) PERIOD OF APPOINTMENT.— 
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(i) IN GENERAL.—The members of a 
Rescue Committee shall be appointed for 
the life of the Rescue Committee. 
(ii) VACANCY.— 
(I) IN
GENERAL.—Any vacancy 
in a Rescue Committee shall not af-
fect the powers of the Rescue Com-
mittee, but shall be filled not later 
than 14 days after the date on which 
the vacancy occurs, in the same man-
ner as the original appointment was 
made. 
(II) INELIGIBLE MEMBERS.—If a 
member of a Rescue Committee ceases 
to be a Member of the Senate or the 
House of Representatives, as applica-
ble— 
(aa) the member shall no 
longer be a member of the Res-
cue Committee; and 
(bb) a vacancy in the Rescue 
Committee exists. 
(5) ADMINISTRATION.— 
(A) IN GENERAL.—With respect to each 
Rescue Committee, to enable the Rescue Com-
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mittee to exercise the powers, functions, and 
duties of the Rescue Committee, there are au-
thorized to be disbursed by the Senate the ac-
tual and necessary expenses of the Rescue Com-
mittee approved by the co-chairs of the Rescue 
Committee, subject to the rules and regulations 
of the Senate. 
(B) EXPENSES.—With respect to each 
Rescue Committee, in carrying out the func-
tions of the Rescue Committee, the Rescue 
Committee is authorized to incur expenses in 
the same manner and under the same condi-
tions as the Joint Economic Committee is au-
thorized under section 11(d) of the Employment 
Act of 1946 (15 U.S.C. 1024(d)). 
(C) QUORUM.—With respect to each Res-
cue Committee, 7 members of the Rescue Com-
mittee shall constitute a quorum for purposes of 
voting, meeting, and holding hearings. 
(D) VOTING.— 
(i) PROXY VOTING.—No proxy voting 
shall be allowed on behalf of any member 
of a Rescue Committee. 
(ii) CONGRESSIONAL BUDGET OFFICE 
ESTIMATES.— 
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(I) IN GENERAL.—The Director 
of the Congressional Budget Office 
shall, with respect to the legislative 
language of a Rescue Committee 
under paragraph (3)(B)(i)(II), provide 
to the Rescue Committee— 
(aa) estimates of the legisla-
tive language in accordance with 
sections 308(a) and 201(f) of the 
Congressional Budget Act of 
1974 (2 U.S.C. 639(a) and 
601(f)); and 
(bb) 
information 
on 
the 
budgetary effect of the legislative 
language during the 75-year pe-
riod beginning on the date de-
scribed in paragraph (1). 
(II) 
LIMITATION.—A 
Rescue 
Committee may not vote on any 
version of the report, recommenda-
tions, or legislative language of the 
Rescue Committee under paragraph 
(3)(B)(i) unless the estimates and in-
formation described in subclause (I) 
of this clause are made available for 
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consideration by all members of the 
Rescue Committee not later than 48 
hours before that vote, as certified by 
the co-chairs of the Rescue Com-
mittee. 
(E) MEETINGS.— 
(i) INITIAL MEETING.—Not later than 
45 days after the date described in para-
graph (1), each Rescue Committee shall 
hold the first meeting of the Rescue Com-
mittee. 
(ii) AGENDA.—For each meeting of 
each Rescue Committee, the co-chairs of 
the Rescue Committee shall provide an 
agenda to the members of the Rescue 
Committee not later than 48 hours before 
the meeting. 
(F) HEARINGS.— 
(i) IN GENERAL.—Each Rescue Com-
mittee may, for the purpose of carrying 
out this section, hold such hearings, sit 
and act at such times and places, require 
attendance of witnesses and production of 
books, papers, and documents, take such 
testimony, receive such evidence, and ad-
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minister such oaths as the Rescue Com-
mittee considers advisable. 
(ii) HEARING PROCEDURES AND RE-
SPONSIBILITIES OF CO-CHAIRS.— 
(I) ANNOUNCEMENT.—The co- 
chairs of each Rescue Committee shall 
make a public announcement of the 
date, place, time, and subject matter 
of any hearing to be conducted under 
this subparagraph not later than 7 
days before the date of the hearing, 
unless the co-chairs determine that 
there is good cause to begin such 
hearing on an earlier date. 
(II) WRITTEN
STATEMENT.—A 
witness appearing before a Rescue 
Committee shall file a written state-
ment of the proposed testimony of the 
witness not later than 2 days before 
the date of the appearance of the wit-
ness, unless the co-chairs of the Res-
cue Committee— 
(aa) determine that there is 
good cause for the witness to not 
file the written statement; and 
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the ethics rules and requirements of the House 
of Representatives. 
(c) TERMINATION.—Each Rescue Committee shall 
terminate on the day after the date of the sine die ad-
journment of the 116th Congress. 
SEC. 5. EXPEDITED CONSIDERATION OF RESCUE COM-
MITTEE BILLS. 
(a) QUALIFYING
LEGISLATION.—Only a Rescue 
Committee bill shall be entitled to expedited consideration 
under this section. 
(b) CONSIDERATION IN THE HOUSE OF REPRESENT-
ATIVES.— 
(1) INTRODUCTION.—If a Rescue Committee 
approves and submits legislative language under 
clauses 
(i) 
and 
(vi), 
respectively, 
of 
section 
4(a)(3)(B), a Rescue Committee bill consisting solely 
of that legislative language may be introduced in the 
House of Representatives (by request)— 
(A) by the majority leader of the House of 
Representatives, or by a Member of the House 
of Representatives designated by the majority 
leader of the House of Representatives, on the 
next legislative day; or 
(B) if the Rescue Committee bill is not in-
troduced under subparagraph (A), by any Mem-
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ber of the House of Representatives on any leg-
islative day beginning on the legislative day 
after the legislative day described in subpara-
graph (A). 
(2) REFERRAL
AND
REPORTING.—Any com-
mittee of the House of Representatives to which a 
Rescue Committee bill is referred shall report the 
Rescue Committee bill to the House of Representa-
tives without amendment not later than 10 legisla-
tive days after the date on which the Rescue Com-
mittee bill was so referred. If a committee of the 
House of Representatives fails to report a Rescue 
Committee bill within that period, it shall be in 
order to move that the House of Representatives dis-
charge the committee from further consideration of 
the Rescue Committee bill. Such a motion shall not 
be in order after the last committee authorized to 
consider the Rescue Committee bill reports it to the 
House of Representatives or after the House of Rep-
resentatives has disposed of a motion to discharge 
the Rescue Committee bill. The previous question 
shall be considered as ordered on the motion to its 
adoption without intervening motion except 20 min-
utes of debate equally divided and controlled by the 
proponent and an opponent. If such a motion is 
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adopted, the House of Representatives shall proceed 
immediately to consider the Rescue Committee bill 
in accordance with paragraphs (3) and (4). A mo-
tion to reconsider the vote by which the motion is 
disposed of shall not be in order. 
(3) PROCEEDING
TO
CONSIDERATION.—After 
the last committee authorized to consider a Rescue 
Committee bill reports it to the House of Represent-
atives or has been discharged (other than by motion) 
from its consideration, it shall be in order to move 
to proceed to consider the Rescue Committee bill in 
the House of Representatives. Such a motion shall 
not be in order after the House of Representatives 
has disposed of a motion to proceed with respect to 
the Rescue Committee bill. The previous question 
shall be considered as ordered on the motion to its 
adoption without intervening motion. A motion to re-
consider the vote by which the motion is disposed of 
shall not be in order. 
(4) CONSIDERATION.—The Rescue Committee 
bill shall be considered as read. All points of order 
against the Rescue Committee bill and against its 
consideration are waived. The previous question 
shall be considered as ordered on the Rescue Com-
mittee bill to its passage without intervening motion 
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except 2 hours of debate equally divided and con-
trolled by the proponent and an opponent and 1 mo-
tion to limit debate on the Rescue Committee bill. A 
motion to reconsider the vote on passage of the Res-
cue Committee bill shall not be in order. 
(5) VOTE ON PASSAGE.—The vote on passage 
of the Rescue Committee bill shall occur not later 
than 3 legislative days after the date on which the 
last committee authorized to consider the Rescue 
Committee bill reports it to the House of Represent-
atives or is discharged. 
(c) EXPEDITED PROCEDURE IN THE SENATE.— 
(1) INTRODUCTION IN THE SENATE.—If a Res-
cue Committee approves and submits legislative lan-
guage under clauses (i) and (vi), respectively, of sec-
tion 4(a)(3)(B), a Rescue Committee bill consisting 
solely of that legislative language may be introduced 
in the Senate (by request)— 
(A) by the majority leader of the Senate, 
or by a Member of the Senate designated by the 
majority leader of the Senate, on the next day 
on which the Senate is in session; or 
(B) if the Rescue Committee bill is not in-
troduced under subparagraph (A), by any Mem-
ber of the Senate on any day on which the Sen-
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ate is in session beginning on the day after the 
day described in subparagraph (A). 
(2) COMMITTEE
CONSIDERATION.—A Rescue 
Committee bill introduced in the Senate under para-
graph (1) shall be jointly referred to the committee 
or committees of jurisdiction, which committees shall 
report the Rescue Committee bill without any revi-
sion and with a favorable recommendation, an unfa-
vorable recommendation, or without recommenda-
tion, not later than 10 session days after the date 
on which the Rescue Committee bill was so referred. 
If any committee to which a Rescue Committee bill 
is referred fails to report the Rescue Committee bill 
within that period, that committee shall be auto-
matically discharged from consideration of the Res-
cue Committee bill, and the Rescue Committee bill 
shall be placed on the appropriate calendar. 
(3) PROCEEDING.—Notwithstanding rule XXII 
of the Standing Rules of the Senate, it is in order, 
not later than 2 days of session after the date on 
which a Rescue Committee bill is reported or dis-
charged from all committees to which the Rescue 
Committee bill was referred, for the majority leader 
of the Senate or the designee of the majority leader 
to move to proceed to the consideration of the Res-
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cue Committee bill. It shall also be in order for any 
Member of the Senate to move to proceed to the 
consideration of the Rescue Committee bill at any 
time after the conclusion of such 2-day period. A 
motion to proceed is in order even though a previous 
motion to the same effect has been disagreed to. All 
points of order against the motion to proceed to the 
Rescue Committee bill are waived. The motion to 
proceed is not debatable. The motion is not subject 
to a motion to postpone. A motion to reconsider the 
vote by which the motion is agreed to or disagreed 
to shall not be in order. If a motion to proceed to 
the consideration of the Rescue Committee bill is 
agreed to, the Rescue Committee bill shall remain 
the unfinished business until disposed of. All points 
of order against a Rescue Committee bill and 
against consideration of the Rescue Committee bill 
are waived. 
(4) NO
AMENDMENTS.—An amendment to a 
Rescue Committee bill, or a motion to postpone, or 
a motion to proceed to the consideration of other 
business, or a motion to recommit the Rescue Com-
mittee bill, is not in order. 
(5) RULINGS OF THE CHAIR ON PROCEDURE.— 
Appeals from the decisions of the Chair relating to 
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the application of the rules of the Senate, as the 
case may be, to the procedure relating to a Rescue 
Committee bill shall be decided without debate. 
(d) AMENDMENT.—A Rescue Committee bill shall not 
be subject to amendment in either the Senate or the 
House of Representatives. 
(e) CONSIDERATION BY THE OTHER HOUSE.— 
(1) IN GENERAL.—If, before passing a Rescue 
Committee bill, a House receives from the other 
House a Rescue Committee bill consisting of legisla-
tive language approved by the same Rescue Com-
mittee as the Rescue Committee bill in the receiving 
House— 
(A) the Rescue Committee bill of the other 
House shall not be referred to a committee; and 
(B) the procedure in the receiving House 
shall be the same as if no Rescue Committee 
bill had been received from the other House 
until the vote on passage, when the Rescue 
Committee bill received from the other House 
shall supplant the Rescue Committee bill of the 
receiving House. 
(2) REVENUE
MEASURES.—This subsection 
shall not apply to the House of Representatives if a 
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(3) VETOES.—If the President vetoes a Rescue 
Committee bill, consideration of a veto message in 
the Senate under this paragraph shall be 10 hours 
equally divided between the majority and minority 
leaders of the Senate or the designees of the major-
ity and minority leaders of the Senate. 
SEC. 6. FUNDING. 
Funding for each Rescue Committee shall be derived 
in equal portions from— 
(1) the contingent fund of the Senate from the 
appropriations account ‘‘Miscellaneous Items’’, sub-
ject to the rules and regulations of the Senate; and 
(2) the applicable accounts of the House of 
Representatives. 
SEC. 7. RULEMAKING. 
The provisions of this Act are enacted by Congress— 
(1) as an exercise of the rulemaking power of 
the Senate and the House of Representatives, re-
spectively, and, as such, the provisions— 
(A) shall be considered as part of the rules 
of each House, respectively, or of that House to 
which they specifically apply; and 
(B) shall supersede other rules only to the 
extent that they are inconsistent therewith; and 
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(2) with full recognition of the constitutional 
right of either House to change such rules (so far 
as relating to such House) at any time, in the same 
manner, and to the same extent as in the case of 
any other rule of such House. 
Æ 
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