TASK DEFINITION: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Invest in Energy Security Act''.

SEC. 2. STRATEGIC PETROLEUM RESERVE.

(a) Petroleum Acquisition for the Strategic Petroleum Reserve.--
Section 301(e)(1) of the Energy Policy Act of 2005 (42 U.S.C. 6240
note) is amended to read as follows:
''(1) In general.--The Secretary shall, as expeditiously as
practical, without incurring excessive cost or appreciably
affecting the price of petroleum products to consumers, acquire
petroleum in quantities sufficient to fill the available
capacity of the Strategic Petroleum Reserve, subject to the
following limitations:
''(A) Suspension of royalty-in-kind transfers to
the strategic petroleum reserve.--No later than
September 30, 2008, the Secretary shall sell 13,000,000
barrels of petroleum received under the royalty-in-kind
program. Beginning October 1, 2008, the Secretary shall
suspend acquisition of petroleum for the Strategic
Petroleum Reserve under the Royalty-In-Kind program,
subject to resumption as provided in subparagraph (B).
''(B) Resumption of petroleum acquisition for the
strategic petroleum reserve.--The Secretary may resume
acquisition of petroleum for the Strategic Petroleum
Reserve 30 days after notification to Congress that--
''(i)(I) the Secretary projects that the
United States will fall short of its
commitments under the International Energy
Program within a period of 24 months from the
date of the projection; or
''(II) the weighted average price of
petroleum for the most recent 90 day period is
at least 25 percent less than the 24-month
historical average price; and
''(ii) that resumption of Strategic
Petroleum Reserve fill will not have an
appreciable effect on the price of petroleum
products to consumers within the following 12-
month period after the resumption of
acquisition.
''(C) Future suspension of strategic petroleum
reserve petroleum acquisition.--During any period in
which the Secretary is acquiring petroleum for the
Strategic Petroleum Reserve, the Secretary shall
suspend acquisition activities if--
''(i) the monthly weighted average price of
petroleum increases by more than 20 percent
over any period of 6 months or less; or
''(ii) the Secretary determines that
continued Strategic Petroleum Reserve fill may
have an appreciable impact on prices of
petroleum products in future months.''.
(b) Revised Procedures.--No later than 60 days after the date of
the enactment of this section, the Secretary shall publish revised
procedures under section 301(e)(2) of the Energy Policy Act of 2005
consistent with the provisions contained in the amendment made by
subsection (a).

SEC. 3. ENERGY INDEPENDENCE AND SECURITY FUND.

(a) Establishment.--There is hereby established in the Treasury of
the United States the ''Energy Independence and Security Fund''
(hereinafter in this section referred to as ''the Fund'').
(b) Administration.--The Secretary of Energy shall be responsible
for administering the Fund for the purpose of carrying out this
section.
(c) Deposits.--All proceeds from sales of petroleum from the
Strategic Petroleum Reserve, as authorized in section 301(e)(1) of the
Energy Policy Act of 2005 (as amended by section 2 of this Act), after
deduction of the direct administrative costs associated with such
sales, shall be deposited in the Fund.
(d) Distribution of Funds.--The Secretary shall make available for
obligation, without further appropriation and without fiscal year
limitation, the following amounts from the Fund:
(1) Advanced research projects agency--energy.--For fiscal
year 2008, the Secretary shall transfer $100,000,000 to the
''Energy Transformation Acceleration Fund'', as authorized in
section 5012(m) of the America COMPETES Act (42 U.S.C.
16538(m)), to remain available until expended. Of the funds
transferred, the Secretary shall further allocate the amounts
made available for obligation as follows:
(A) $50,000,000 shall be available for university-
based research projects.
(B) $10,000,000 shall be available for program
direction expenses.
(2) Rural wind energy.--For fiscal year 2008, the Secretary
shall transfer $15,000,000 to the account ''Energy Efficiency
and Renewable Energy'', to remain available until expended, for
necessary expenses for a program to support the development of
infrastructure necessary for deployment of wind energy systems
in rural areas, as authorized in section 931(f)(1) of the
Energy Policy Act of 2005 (42 U.S.C. 16231(f)(1)).
(3) Solar energy research and development.--For fiscal year
2008, the Secretary shall transfer $30,000,000 to the account
''Energy Efficiency and Renewable Energy'', to remain available
until expended, for necessary expenses for a program to
accelerate the research, development, demonstration, and
deployment of solar energy technologies, as authorized by
section 931(a)(2)(A) of the Energy Policy Act of 2005 (42
U.S.C. 16231(a)(2)(A)).
(4) Low income weatherization.--For fiscal year 2008, the
Secretary shall transfer $100,000,000 to the account
''Weatherization Assistance Program'', to remain available
until expended, for necessary expenses for a program to
weatherize low income housing, as authorized by section 411 of
the Energy Independence and Security Act of 2007 (Public Law
110-140).
(5) Marine and hydrokinetic renewable electric energy.--For
fiscal year 2008, the Secretary shall transfer $30,000,000 to
the account ''Energy Efficiency and Renewable Energy'', to
remain available until expended, for necessary expenses for a
program to accelerate the research, development, demonstration,
and deployment of ocean and wave energy, including hydrokinetic
renewable energy, as authorized by section 931 of the Energy
Policy Act of 2005 (42 U.S.C. 16231) and section 636 of the
Energy Independence and Security Act of 2007 (Public Law 110-
140).
(6) Industrial energy efficiency research and
development.--For fiscal year 2008, the Secretary shall
transfer $110,000,000 to the account ''Energy Efficiency and
Renewable Energy'', to remain available until expended, for
necessary expenses for a program to accelerate the research,
development, demonstration, and deployment of new technologies
to improve the energy efficiency and reduce greenhouse gas
emissions from industrial processes, as authorized in section
911(a)(2)(C) of the Energy Policy Act of 2005 (42 U.S.C.
16191(a)(2)(C)) and in section 452 of the Energy Independence
and Security Act of 2007 (Public Law 110-140).
(7) Building energy efficiency research and development.--
For fiscal year 2008, the Secretary shall transfer $70,000,000
to the account ''Energy Efficiency and Renewable Energy'', to
remain available until expended, for necessary expenses for a
program to accelerate the research, development, demonstration,
and deployment of new technologies to improve the energy
efficiency and reduce greenhouse gas emissions from buildings,
as authorized in section 422 of the Energy Independence and
Security Act of 2007 (Public Law 110-140).
(8) Energy storage for transportation and electric power
applications.--For fiscal year 2008, the Secretary shall
transfer $30,000,000 to the account ''Energy Efficiency and
Renewable Energy'', to remain available until expended, for
necessary expenses for a program to accelerate the research,
development, demonstration, and deployment of new materials for
improving the energy efficiency of transportation, electric
power and other technologies, as authorized by section 641 of
the Energy Independence and Security Act of 2007 (Public Law
110-140).
(9) Geothermal energy development.--(A) For fiscal year
2008, the Secretary shall transfer $30,000,000 to the account
''Energy Efficiency and Renewable Energy'', to remain available
until expended, for necessary expenses for a program for
geothermal research and development activities to be managed by
the National Renewable Energy Laboratory, as authorized by
section 931(a)(2)(C) of the Energy Policy Act of 2005 (42
U.S.C. 16231(a)(2)(C)); and
(B) For fiscal year 2008, the Secretary shall transfer
$30,000,000 to the account ''Fossil Energy Research and
Development'', to remain available until expended, for
necessary expenses for a program of advanced geothermal
drilling and resource characterization to be managed by the
National Energy Technology Laboratory.
(10) Carbon capture and storage.--For fiscal year 2008, the
Secretary shall transfer $385,000,000 to the account ''Fossil
Energy Research and Development'', to remain available until
expended, for necessary expenses for a program of demonstration
projects of carbon capture and storage, as authorized by
sections 702 and 703 of the Energy Independence and Security
Act of 2007 (Public Law 110-140). Notwithstanding any other
provision of law, one of the demonstration projects shall be a
component of the FutureGen project.
(11) Nonconventional domestic natural gas and petroleum
production and environmental research.--
(A) For fiscal year 2008, the Secretary shall
transfer $50,000,000 to the ''Ultra-Deepwater and
Unconventional Natural Gas and Other Petroleum Research
Fund'', to remain available until expended, as
authorized by section 999H(e) of the Energy Policy Act
of 2005 (42 U.S.C. 16378(e)).
(B) For fiscal year 2008, the Secretary shall
transfer $15,000,000 to the account ''Fossil Energy
Research and Development'', to remain available until
expended, for necessary expenses for a program of
environmental research in support of small producers of
domestic petroleum and natural gas, for regulatory
analysis and for support for the stripper well
consortium.
(12) Hydrogen research and development.--For fiscal year
2008, the Secretary shall transfer $5,000,000 to the account
''Energy Efficiency and Renewable Energy'', to remain available
until expended, for necessary expenses for the Department's H-
Prize Program, as authorized by section 654 of the Energy
Independence and Security Act of 2007 (Public Law 110-140).
(e) Amendments.--(1) Section 999F of the Energy Policy Act of 2005
(42 U.S.C. 16376) is amended by striking ''2014'' and inserting
''2017''.
(2) Section 999B(e) of that Act (42 U.S.C.16372(e)) is amended by
striking paragraph (3) and inserting the following:
''(3) Publication.--The Secretary shall publish in the
Federal Register the annual plan, along with any written
comments received under paragraph (2)(A) and (B).''.
(3) Section 999H(b) of that Act (42 U.S.C.16378(b)) is amended by
inserting '', and shall be exempt from subchapter II of chapter 15 of
title 31, United States Code'' after ''available until expended''.
(f) Transfer Procedures.--The Secretary shall make an initial
transfer from the Fund no later than 30 days after the initial deposit
of monies into the Fund. The Secretary shall make additional transfers
no later than 30 days after subsequent deposits, until the full amounts
authorized for fiscal 2008 have been transferred. To the extent that
any transfer in fiscal 2008 is less than the authorized total, the
transfers shall be made on a pro rata basis.
(g) Management and Oversight.--
(1) Additionality of fiscal year 2008 transfers.--All
amounts transferred under subsection (d)(1) shall be in
addition to, and shall not be substituted for, any funds
appropriated for the same or similar purposes in the
Consolidated Appropriations Act, 2008.
(2) Program plans and performance measures.--The Secretary
shall prepare and publish in the Federal Register a plan for
the proposed use of all funds authorized in subsection (d). The
plan also shall identify how the use of these funds will be
additive to, and not displace annual appropriations. The plans
also shall identify performance measures to assess the
additional benefits that may be realized from the application
of the additional funding provided under this section. The
initial plan shall be published in the Federal Register within
90 days from enactment of this section, and shall be updated
annually and submitted to Congress together with the
President's budget.
(3) Congressional oversight and review.--Nothing in this
section shall limit or restrict the review and oversight of
program plans by the appropriate committees of Congress.
Nothing in this section shall limit or restrict the authority
of Congress to set alternative spending limitations in annual
appropriations Acts.
(4) Apportionment.--All transactions of the Fund shall be
exempt from apportionment under the provisions of subchapter II
of chapter 15 of title 31, United States Code.
(5) Use of other transactions authority.--(A) Any
solicitation for research, development, or demonstration
project proposals to be funded under this section shall provide
for and encourage the use of Other Transactions Authority,
including Technology Investment Agreements as authorized by
section 646(g) of the Department of Energy Organization Act (42
U.S.C. 7256) and Part 603 of the Department of Energy
Acquisition Regulation.
(B) Any solicitation for a commercial demonstration project
under this section shall require the use of Other Transactions
Authority, including Technology Investment Agreements, as
authorized by section 646(g) of the Department of Energy
Organization Act (42 U.S.C. 7256) and Part 603 of the
Department of Energy Acquisition Regulation.

SOLUTION: Invest in Energy Security Act - Amends the Energy Policy Act of 2005 governing petroleum acquisition for the Strategic Petroleum Reserve (SPR) to direct the Secretary of Energy to: (1) sell specified quantities of petroleum received under the royalty-in-kind program; and (2) suspend petroleum acquisition for the SPR under such program.

Authorizes the Secretary to resume such acquisition upon notifying Congress that specified circumstances exist, and to suspend acquisition again if certain other circumstances arise.

Establishes the Energy Independence and Security Fund to receive all proceeds from sales of SPR petroleum.

Allocates amounts from such Fund for: (1) the Energy Transformation Acceleration Fund for university-based research projects and program direction expenses; (2) Energy Efficiency and Renewable Energy account for rural wind energy systems; (3) solar energy technologies; (4) weatherization assistance for low-income housing; (5) ocean and wave energy, including hydrokinetic renewable energy; (6) technologies to improve the energy efficiency and reduce greenhouse gas emissions from industrial processes and from buildings; (7) improvements to the energy efficiency of transportation and electric power; (8) geothermal research and development managed by the National Renewable Energy Laboratory; (9) advanced geothermal drilling and resource characterization managed by National Energy Technology Laboratory; (10) carbon capture and storage; (11) Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Research Fund; (12) environmental research in support of small producers of domestic petroleum and natural gas, for regulatory analysis and for support for the stripper well consortium; and (13) the H-Prize Program of the Department of Energy.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Safer Officers and Safer Citizens
Act of 2017''.

SEC. 2. FINDINGS.

Congress finds the following:
(1) While police body worn cameras are not a panacea, they
do contribute to keeping both law enforcement officers and
citizens safer.
(2) Increasing the use of body worn cameras by law
enforcement officers has been shown by multiple studies to
significantly reduce the number of use of force incidents and
the number of citizen complaints.
(3) Increased accountability and transparency in policing
activities will benefit all our citizens, including our law
enforcement officers.

SEC. 3. GRANT PROGRAM.

Title I of the Omnibus Crime Control and Safe Streets Act of 1968
(42 U.S.C. 3711 et seq.) is amended by adding at the end the following:

''PART MM--GRANT PROGRAM FOR BODY WORN CAMERAS FOR LAW ENFORCEMENT
OFFICERS

''SEC. 3031. PROGRAM AUTHORIZED.

''(a) In General.--The Director of the Bureau of Justice Assistance
is authorized to make grants to States, units of local government, and
Indian tribes to purchase body worn cameras for use by State, local,
and tribal law enforcement officers.
''(b) Uses of Funds.--Grants awarded under this section shall be--
''(1) distributed directly to the State, unit of local
government, or Indian tribe; and
''(2) used for the purchase of--
''(A) body worn cameras for law enforcement
officers; and
''(B) necessary initial supportive technological
infrastructure for body worn cameras for law
enforcement officers in the jurisdiction of the
grantee.
''(c) Preferential Consideration.--In awarding grants under this
part, the Director of the Bureau of Justice Assistance shall give
preferential consideration, if feasible, to an application from a
jurisdiction that--
''(1) has in place a comprehensive policy that is--
''(A) developed in consultation with a broad group
of criminal justice experts and community members, and
that contains policies and procedures addressing
deployment, video capture, privacy protections,
viewing, use, release, storage, retention, the effect
on community-police interactions, and audits and
controls;
''(B) supported by a comprehensive communication
and education campaign that involves interested parties
in law enforcement, courts, prosecution, the defense
bar, civic leadership, labor organizations, victim and
juvenile advocacy, the media, and the public; and
''(C) informed by the best practices on body worn
cameras developed by the Department of Justice;
''(2) has the greatest need for body worn cameras based on
the percentage of law enforcement officers in the department
who do not have access to a body worn camera;
''(3) has a violent crime rate at or above the national
average as determined by the Bureau of Justice Statistics; and
''(4) commits to submitting such metrics on the usage of
body worn cameras, in such a format and at such a time as the
Department of Justice shall reasonably specify, for the
purposes of collecting and studying data on the effectiveness
of body worn cameras to increase safety for both law
enforcement officers and citizens.
''(d) Matching Funds.--The portion of the costs of a program
provided by a grant under subsection (a) may not exceed 75 percent. Any
funds appropriated by Congress for the activities of any agency of an
Indian tribal government or the Bureau of Indian Affairs performing law
enforcement functions on any Indian lands may be used to provide the
non-Federal share of a matching requirement funded under this
subsection.

''SEC. 3032. APPLICATIONS.

''(a) In General.--To request a grant under this part, the chief
executive of a State, unit of local government, or Indian tribe shall
submit an application to the Director of the Bureau of Justice
Assistance in such form and containing such information as the Director
may reasonably require.
''(b) Regulations.--Not later than 90 days after the date of the
enactment of this part, the Director of the Bureau of Justice
Assistance shall promulgate regulations to implement this section,
including the information that must be included and the requirements
that the States, units of local government, and Indian tribes must meet
in submitting the applications required under this section.

''SEC. 3033. DEFINITIONS.

''For purposes of this part--
''(1) the term 'Indian tribe' has the same meaning as in
section 4(e) of the Indian Self-Determination and Education
Assistance Act (25 U.S.C. 450b(e));
''(2) the term 'law enforcement officer' means any officer,
agent, or employee of a State, unit of local government, or
Indian tribe authorized by law or by a government agency to
engage in or supervise the prevention, detection, or
investigation of any violation of criminal law, or authorized
by law to supervise sentenced criminal offenders;
''(3) the term 'State' means each of the 50 States, the
District of Columbia, the Commonwealth of Puerto Rico, the
United States Virgin Islands, American Samoa, Guam, and the
Northern Mariana Islands; and
''(4) the term 'unit of local government' means a county,
municipality, town, township, village, parish, borough, or
other unit of general government below the State level.

''SEC. 3034. AUTHORIZATION OF APPROPRIATIONS.

''(a) In General.--There are authorized to be appropriated to carry
out this part, $100,000,000 for each of fiscal years 2018 through 2022.
''(b) Remaining Funds.--Any amounts made available to carry out
this part that are unobligated at the end of each fiscal year, shall be
returned to the general fund of the Treasury for debt reduction.''.

SEC. 4. OFFSET.

(a) Findings.--Congress finds the following:
(1) In 2010, the most current year for which figures are
available, the Federal Government spent $1,670,000,000
operating and maintaining unutilized and underutilized
buildings.
(2) Federal agencies have consistently indicated that the
disposal efforts of the agencies are often hampered by
statutory requirements.
(b) Offset.--Notwithstanding subtitle I of title 40, United States
Code, or any other provision of law, the Administrator of General
Services, in consultation with the Director of the Office of Management
and Budget, may immediately identify and dispose of, through sale at
fair market value or demolition if unsuitable for sale, the most
financially burdensome excess Federal property, so as to generate not
more than $500,000,000 in savings by the end of fiscal year 2022.

SOLUTION: Safer Officers and Safer Citizens Act of 2017 This bill amends the Omnibus Crime Control and Safe Streets Act of 1968 to authorize the Department of Justice's Bureau of Justice Assistance to award matching grants to states, local governments, and Indian tribes to purchase body-worn cameras. The Bureau of Justice Assistance must give preference to grant applications from jurisdictions that: (1) have comprehensive policies and procedures related to implementation of a body-worn camera program, (2) have high percentages of officers without access to body-worn cameras, (3) have violent crime rates above the national average, and (4) agree to submit metrics on the use of body-worn cameras. As an offset, the bill allows the General Services Administration to identify and dispose of (i.e., sell or demolish) excess federal property.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Social Security Long-Term Protection
Act of 1993''.

SEC. 2. FINDINGS AND PURPOSES.

(a) Findings.--Congress hereby finds that--
(1) public confidence in the old-age, survivors, and
disability insurance program under the Social Security Act has
been undermined by the nature of the political debate which
attends the major decisions affecting the program; and
(2) that the treatment of the old-age, survivors, and
disability insurance program under the Social Security Act as a
political issue is of grave concern to--
(A) working Americans who bear the ever-increasing
social security tax burden and have growing doubts
about the program's stability; and
(B) young Americans, who object to the social
security tax altogether because they do not believe it
will survive long enough for them to derive any
benefits from it.
(b) Additional Findings.--Congress further finds that--
(1) under current projections through the year 2025,
surplus income for the old-age, survivors, and disability
insurance program will grow to an amount equal to two years of
outlays by the year 2000, and to an amount equal to three and
one-third years of outlays by 2015;
(2) at the current rate of social security outlays, a
reserve of three and one-third years would total over
$1,000,000,000,000;
(3) a reserve in that amount would be unnecessary, and
would be viewed by both the Congress and the American people as
excessive taxation.
(c) Purposes.--The purposes of this Act are--
(1) to permanently ensure the viability and certainty of
the old-age, survivors, and disability insurance program;
(2) to guarantee that social security taxes be no more than
necessary to meet the program's current obligations, plus an
appropriate reserve.

SEC. 3. FLOATING OASDI TAX RATES AFTER 1994.

(a) Rate of Tax on Employees.--Subsection (a) of section 3101 of
the Internal Revenue Code of 1986 (relating to rate of tax on
employees) is amended to read as follows:
''(a) Old-Age, Survivors, and Disability Insurance.--
''(1) General rule.--In addition to other taxes, there is
hereby imposed on the income of every individual a tax equal to
the percentage determined under this subsection of the wages
(as defined in section 3121(a)) received by any individual
during any calendar year with respect to employment (as defined
in section 3121(b)). The percentage determined under this
subsection is--
''(A) in cases of wages received during 1994, 6.2
percent, and
''(B) in cases of wages received during any
calendar year after 1994, the percentage determined
under this subsection for the prior calendar year,
unless paragraph (2) or (3) applies with respect to
such wages.
''(2) Percentage in the case of at least a 60-percent oasdi
trust fund reserve.--
''(A) Rule governing applicability of paragraph.--
This paragraph applies with respect to wages received
during any calendar year (after 1994) if the OASDI
trust fund reserve on September 30 of the prior
calendar year is--
''(i) not less than 60.0 percent of the
total amount of the OASDI trust fund
expenditures during the fiscal year ending with
such September 30, and
''(ii) not less than the OASDI trust fund
reserve on the last preceding September 30.
''(B) Determination of percentage.--If this
paragraph applies with respect to wages received during
any calendar year, the percentage determined under this
subsection with respect to such wages shall be equal to
the excess of--
''(i) the percentage determined under this
subsection for the prior calendar year, over
''(ii) 0.4 percent.
''(3) Percentage in the case of less than a 55-percent
oasdi trust fund reserve.--
''(A) Rule governing applicability of paragraph.--
This paragraph applies with respect to wages received
during any calendar year (after 1994) if the OASDI
trust fund reserve on September 30 of the prior
calendar year is less than 55.0 percent of the total
amount of the OASDI trust fund expenditures during the
fiscal year ending with such September 30.
''(B) Determination of percentage.--The percentage
determined for any calendar year under this paragraph
shall be equal to the sum of--
''(i) the percentage determined under this
subsection for the prior calendar year, plus
''(ii) 0.4 percent.''.
(b) Rate of Tax on Employers.--Subsection (a) of section 3111 of
such Code (relating to rate of tax on employers) is amended to read as
follows:
''(a) Old-Age, Survivors, and Disability Insurance.--
''(1) General rule.--In addition to other taxes, there is
hereby imposed on every employer an excise tax, with respect to
having individuals in his employ, equal to the percentage
determined under this subsection of the wages (as defined in
section 3121(a)) paid by him during any calendar year with
respect to employment (as defined in section 3121(b)). The
percentage determined under this subsection is--
''(A) in cases of wages paid during 1994, 6.2
percent, and
''(B) in cases of wages paid during any calendar
year after 1994, the percentage determined under this
subsection for the prior calendar year, unless
paragraph (2) or (3) applies with respect to such
wages.
''(2) Percentage in the case of at least a 60-percent oasdi
trust fund reserve.--
''(A) Rule governing applicability of paragraph.--
This paragraph applies with respect to wages paid
during any calendar year (after 1994) if the OASDI
trust fund reserve on September 30 of the prior
calendar year is--
''(i) not less than 60.0 percent of the
total amount of the OASDI trust fund
expenditures during the fiscal year ending with
such September 30, and
''(ii) not less than the OASDI trust fund
reserve on the last preceding September 30.
''(B) Determination of percentage.--If this
paragraph applies with respect to wages paid during any
calendar year, the percentage determined under this
subsection with respect to such wages shall be equal to
the excess of--
''(i) the percentage determined under this
subsection for the prior calendar year, over
''(ii) 0.4 percent.
''(3) Percentage in the case of less than a 55-percent
oasdi trust fund reserve.--
''(A) Rule governing applicability of paragraph.--
This paragraph applies with respect to wages paid
during any calendar year (after 1994) if the OASDI
trust fund reserve on September 30 of the prior
calendar year is less than 55.0 percent of the total
amount of the OASDI trust fund expenditures during the
fiscal year ending with such September 30.
''(B) Determination of percentage.--The percentage
determined for any calendar year under this paragraph
shall be equal to the sum of--
''(i) the percentage determined under this
subsection for the prior calendar year, plus
''(ii) 0.4 percent.''.
(c) Rate of Self-Employment Tax.--Subsection (a) of section 1401 of
such Code (relating to rate of tax on self-employment income for old-
age, survivors, and disability insurance) is amended to read as
follows:
''(a) Old-Age, Survivors, and Disability Insurance.--
''(1) General rule.--In addition to other taxes, there
shall be imposed for each taxable year, on the self-employment
income for such taxable year, a tax equal to the percentage
determined under this subsection of the self-employment income
for such taxable year. The percentage determined under this
subsection is--
''(A) in cases of self-employment income for the
first taxable year beginning after December 31, 1993,
12.4 percent, and
''(B) in cases of self-employment income for each
subsequent taxable year, the percentage determined
under this subsection for the prior taxable year,
unless paragraph (2) or (3) applies with respect to
such self-employment income.
''(2) Percentage in the case of at least a 60-percent oasdi
trust fund reserve.--
''(A) Rule governing applicability of paragraph.--
This paragraph applies with respect to self-employment
income for any taxable year (referred to in paragraph
(1)(B)) if the OASDI trust fund reserve on September 30
of the calendar year preceding such taxable year is--
''(i) not less than 60.0 percent of the
total amount of the OASDI trust fund
expenditures during the fiscal year ending with
such September 30, and
''(ii) not less than the OASDI trust fund
reserve on the last preceding September 30.
''(B) Determination of percentage.--If this
paragraph applies with respect to self-employment
income for any taxable year, the percentage determined
under this subsection with respect to such self-
employment income shall be equal to the excess of--
''(i) the percentage determined under this
subsection for the prior taxable year, over
''(ii) 0.8 percent.
''(3) Percentage in the case of less than a 55-percent
oasdi trust fund reserve.--
''(A) Rule governing applicability of paragraph.--
This paragraph applies with respect to self-employment
income for any taxable year (referred to in paragraph
(1)(B)) if the OASDI trust fund reserve on September 30
of the calendar year preceding such taxable year is
less than 55.0 percent of the total amount of the OASDI
trust fund expenditures during the fiscal year ending
with such September 30.
''(B) Determination of percentage.--The percentage
determined for any calendar year under this paragraph
shall be equal to the sum of--
''(i) the percentage determined under this
subsection for the prior calendar year, plus
''(ii) 0.8 percent.''.
(d) Definitions.--
(1) Amendment to fica provisions.--Section 3121 of such
Code (relating to definitions) is amended by adding at the end
thereof the following new subsections:
''(y) OASDI Trust Fund Reserve.--For purposes of this chapter, the
term 'OASDI trust fund reserve', on September 30 of any calendar year,
means the sum of--
''(1) the balance in the Federal Old-Age and Survivors
Insurance Trust Fund as of such date, and
''(2) the balance in the Federal Disability Insurance Trust
Fund as of such date.
''(z) OASDI Trust Fund Expenditures.--For purposes of this chapter,
the term 'OASDI trust fund expenditures', during any fiscal year, means
the sum of--
''(1) the total amount which was paid from the Federal Old-
Age and Survivors Insurance Trust Fund during such fiscal year
for all purposes authorized by section 201 of the Social
Security Act, but excluding any transfer payments between such
Trust Fund and the Federal Disability Insurance Trust Fund and
reducing the amount of any transfers to the Railroad Retirement
Account by the amount of any transfers into such Trust Fund
from that Account, and
''(2) the total amount which was paid from the Federal
Disability Insurance Trust Fund during such fiscal year for all
purposes authorized by section 201 of such Act, but excluding
any transfer payments between such Trust Fund and the Federal
Old-Age and Survivors Insurance Trust Fund and reducing the
amount of any transfers to the Railroad Retirement Account by
the amount of any transfers into such Trust Fund from that
Account.''.
(2) Amendment to seca provisions--Section 1402 of such Code
(relating to definitions) is amended by adding at the end
thereof the following new subsections:
''(k) OASDI Trust Fund Reserve.--The term 'OASDI trust fund
reserve', on September 30 of any calendar year, means the sum of--
''(1) the balance in the Federal Old-Age and Survivors
Insurance Trust Fund, as of such date, and
''(2) the balance in the Federal Disability Insurance Trust
Fund, as of such date.
''(l) OASDI Trust Fund Expenditures.--The term 'OASDI trust fund
expenditures', during any fiscal year, means the sum of--
''(1) the total amount which was paid from the Federal Old-
Age and Survivors Insurance Trust Fund during such fiscal year
for all purposes authorized by section 201 of the Social
Security Act, but excluding any transfer payments between such
Trust Fund and the Federal Disability Insurance Trust Fund and
reducing the amount of any transfers to the Railroad Retirement
Account by the amount of any transfers into such Trust Fund
from that Account, and
''(2) the total amount which was paid from the Federal
Disability Insurance Trust Fund during such fiscal year for all
purposes authorized by section 201 of such Act, but excluding
any transfer payments between such Trust Fund and the Federal
Old-Age and Survivors Insurance Trust Fund and reducing the
amount of any transfers to the Railroad Retirement Account by
the amount of any transfers into such Trust Fund from that
Account.''.
(e) Effective Date.--The amendments made by this section shall
apply with respect to wages received and wages paid during calendar
years after 1993 and self-employment income for taxable years beginning
after December 31, 1993.

SOLUTION:
Social Security Long-Term Protection Act of 1993 - Amends the Internal Revenue Code to vary the tax rates for the old age, survivors and disability insurance program (title II of the Social Security Act) in 1994 and thereafter, dependent upon the amount in the OASDI trust fund reserve.