legislation: 101-hr-3505

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
101-hr-3505 101 hr 3505 Social Security Solvency Protection Act of 1989 Social Welfare 1989-10-23 1989-12-31 Referred to the Subcommittee on the Legislative Process. House Rep. Rostenkowski, Dan [D-IL-8] IL D R000458 23 Social Security Solvency Protection Act of 1989 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require that when legislation increases OASDI benefits in excess of a specified amount there be a corresponding increase in social security taxes and when legislation decreases such taxes in excess of a specified amount there be a corresponding decrease in OASDI benefits. Requires an affirmative vote of three-fifths of the members of the Senate before legislation breaching such requirements may be considered. Requires the Board of Trustees of the OASDI trust funds to annually report to the Congress on the actuarial balance of such funds. 2025-08-26T17:26:43Z  

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