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H.R. 1330

BillFederalHouseIn Committee
Social Security Trust Funds Protection Act
About This Bill
Committee
Latest Action · March 24, 2005
Referred to the Subcommittee on Social Security.
Congress
109th (2005–2007)
Introduced
March 16, 2005
Cosponsors (5)
5D 0R
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Summary

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Social Security Trust Funds Protection Act - Makes those amounts, equal to taxes on employees and on self-employment income as well as taxes attributable to Social Security and tier 1 railroad retirement benefits, which are made available to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, available solely for the purposes of the Old-Age, Survivors, and Disability Insurance (OASDI) program under title II of the Social Security Act. Declares that such amounts shall not be available for the establishment or funding of private accounts.

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