Detailed Instructions: 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 ''Social Security and Medicare Lock-
box Act of 2001''.

SEC. 2. PURPOSE.

It is the purpose of this Act to put social security and Medicare
solvency first, by prohibiting the use of social security surpluses,
Medicare surpluses, and any other government surpluses for any purpose
other than paying down publicly held debt, until legislation is enacted
significantly extending the solvency of the social security and
Medicare trust funds.

SEC. 3. SURPLUSES RESERVED UNTIL SOCIAL SECURITY AND MEDICARE SOLVENCY
LEGISLATION IS ENACTED.

(a) In General.--Section 312 of the Congressional Budget Act of
1974 is amended by adding at the end the following new subsection:
''(g) Surpluses Reserved Until Social Security and Medicare
Solvency Legislation Is Enacted.--
''(1) In general.--Until there is both a social security
solvency certification and a Medicare solvency certification,
it shall not be in order in the House of Representatives or the
Senate to consider--
''(A) any concurrent resolution on the budget, or
conference report thereon or amendment thereto, that
would use any portion of the baseline budget surpluses,
or
''(B) any bill, joint resolution, amendment,
motion, or conference report if--
''(i) the enactment of that bill or
resolution as reported,
''(ii) the adoption and enactment of that
amendment, or
''(iii) the enactment of that bill or
resolution in the form recommended in that
conference report,
would use any portion of the baseline budget surpluses.
''(2) Baseline budget surpluses.--
''(A) In general.--For purposes of this subsection,
the term 'baseline budget surplus' means the sum of the
on- and off-budget surpluses contained in the most
recent baseline budget projections made by the
Congressional Budget Office at the beginning of the
annual budget cycle and no later than the month of
March.
''(B) Baseline budget projection.--For purposes of
subparagraph (A), the term 'baseline budget projection'
means the projection described in section 257 of the
Balanced Budget and Emergency Deficit Control Act of
1985 of current year levels of outlays, receipts, and
the surplus or deficit into the budget year and future
years; except that outlays for programs subject to
discretionary appropriations shall be projected at the
lesser of any applicable statutory discretionary limits
or the baseline level otherwise defined in such section
257. For purposes of this subsection, the baseline
budget projection shall include both on-budget and off-
budget outlays and receipts.
''(3) Use of portion of the baseline budget surpluses.--For
purposes of this subsection, a portion of the baseline budget
surpluses is used if, relative to the baseline budget
projection--
''(A) in the case of legislation affecting
revenues, any net reduction in revenues in the current
year or the budget year, or over the 5 or 10-year
estimating periods beginning with the budget year, is
not offset by reductions in direct spending,
''(B) in the case of legislation affecting direct
spending, any net increase in direct spending in the
current year or the budget year, or over such 5 or 10-
year periods, is not offset by increases in revenues,
and
''(C) in the case of an appropriations bill, there
is a net increase in discretionary outlays in the
current year or the budget year when the discretionary
outlays from such bill are added to the discretionary
outlays from all previously enacted appropriations
bills.
''(4) Social security solvency certification.--For purposes
of this subsection, the term 'social security solvency
certification' means a certification by the Board of Trustees
of the Social Security Trust Funds that the Federal Old-Age and
Survivors Insurance Trust Fund and the Federal Disability
Insurance Trust Fund are, taken together, in actuarial balance
for the 75-year period utilized in the most recent annual
report of such Board of Trustees pursuant to section 201(c)(2)
of the Social Security Act (42 U.S.C. 401(c)(2)).
''(5) Medicare solvency certification.--For purposes of
this subsection, the term 'Medicare solvency certification'
means a certification by the Board of Trustees of the Federal
Hospital Insurance Trust Fund that such Trust Fund is in
actuarial balance for the 30-year period utilized in the most
recent annual report of such Board of Trustees pursuant to
section 1817(b) of the Social Security Act.''
(b) Super Majority Requirement.--(1) Section 904(c)(1) of the
Congressional Budget Act of 1974 is amended by inserting ''312(g),''
after ''310(d)(2),''.
(2) Section 904(d)(2) of the Congressional Budget Act of 1974 is
amended by inserting ''312(g),'' after ''310(d)(2),''.

SEC. 4. EFFECTIVE DATE.

This Act shall take effect upon the date of its enactment and the
amendments made by it shall apply only to fiscal year 2001 and
subsequent fiscal years.
Solution:
Social Security and Medicare Lock-box Act of 2001 - Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or the Senate, until there is both a social security and Medicare solvency certification by the Boards of Trustees of the social security and Federal Hospital Insurance Trust Funds, respectively, to consider: (1) any concurrent budget resolution that would use any portion of the baseline budget surpluses; or (2) any legislation or amendment if the enactment of such legislation or amendment would use any portion of such surpluses.Defines "baseline budget surplus" as the sum of the on- and off-budget surpluses contained in the most recent baseline budget projections by the Congressional Budget Office at the beginning of the annual budget cycle and no later than the month of March.Establishes conditions under which a portion of such surpluses is determined to be used in the case of legislation affecting revenues or direct spending or an appropriations bill.