‘‘(b) For additional provisions relating to the treat-
ment of funds not required to meet current withdrawals,
see section 2 of the Retirement Trust Fund Integrity Act
of 1999.’’.
(c) FEDERAL OLD-AGE AND SURVIVORS INSURANCE
TRUST FUND
AND FEDERAL DISABILITY INSURANCE
TRUST FUND.—Section 201(d) of the Social Security Act
is amended by adding at the end the following new sen-
tence: ‘‘For additional provisions relating to the treatment
of funds not required to meet current withdrawals, see sec-
tion 2 of the Retirement Trust Fund Integrity Act of
1999.’’.
(d) FEDERAL HOSPITAL INSURANCE TRUST FUND
AND FEDERAL SUPPLEMENTARY MEDICAL INSURANCE
TRUST FUND.—Sections 1817(c) and 1842(c) of the So-
cial Security Act (42 U.S.C. 1395i(c), 1395t(c)) are each
amended—
(1) by striking ‘‘(1)’’ and ‘‘(2)’’ and inserting
‘‘(A)’’ and ‘‘(B)’’, respectively;
(2) by inserting ‘‘(1)’’ after ‘‘(c)’’; and
(3) by adding at the end the following:
‘‘(2) For additional provisions relating to the treat-
ment of funds not required to meet current withdrawals,
see section 2 of the Retirement Trust Fund Integrity Act
of 1999.’’.
(e) RAILROAD
RETIREMENT
ACCOUNT.—Section
15(e) of the Railroad Retirement Act (45 U.S.C. 231n(e))
is amended by adding at the end the following new sen-
tence: ‘‘For additional provisions relating to the treatment
of funds not required to meet current withdrawals, see sec-
tion 2 of the Retirement Trust Fund Integrity Act of
1999.’’.
SEC. 11. OFF-BUDGET STATUS OF RETIREMENT INVEST-
MENT FUND.
Notwithstanding any other provision of law, the re-
ceipts and disbursements of the Retirement Investment
Fund shall not be counted as new budget authority, out-
lays, receipts, or deficit or surplus for purposes of—
(1) the budget of the United States Govern-
ment as submitted by the President,
(2) the congressional budget, or
(3) the Balanced Budget and Emergency Defi-
cit Control Act of 1985.
SEC. 12. CBO AND OMB REPORTING REQUIREMENTS.
(a) CBO.—Section 202 of the Congressional Budget
Act of 1974 is amended by adding at the end the following
new subsection:
‘‘(h) REPORTING REQUIREMENTS.—(1) Except as
provided by paragraph (2), the Director shall not include
the assets of the Retirement Investment Fund in budg-
etary aggregates for the Government.
‘‘(2) Whenever the Director prepares any report of
the financial status of the Retirement Investment Fund,
if he includes the assets of that fund in budgetary aggre-
gates for the Government, then that report shall also
clearly set forth the budgetary aggregates for the Govern-
ment excluding the assets of that fund.’’.
(b) OMB.—Section 1105 of title 31, United States
Code, is amended by adding at the end the following new
subsection:
‘‘(h)(1) Except as provided by paragraph (2), the Di-
rector of the Office of Management and Budget shall not
include the assets of the Retirement Investment Fund in
budgetary aggregates for the Government.
‘‘(2) Whenever the Director of the Office of Manage-
ment and Budget prepares any report of the financial sta-
tus of the Retirement Investment Fund, if he includes the
assets of that fund in budgetary aggregates for the Gov-
ernment, then that report shall also clearly set forth the
budgetary aggregates for the Government excluding the
assets of that fund.’’.
SEC. 13. EFFECTIVE DATE.
This Act and the amendments made by it shall apply
with respect to fiscal years beginning on or after October
1, 2000.
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