HR 1221
Social Security and Medicare Lock-Box Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:52 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Social Security and Medicare Lock-Box Act creates separate accounts within the Social Security and Medicare trust funds to hold any surplus generated. It directs the Treasury Secretary to transfer these surpluses to these accounts and prohibits investment until Congress authorizes alternative investment vehicles besides U.S. obligations. The bill also establishes a commission to study and recommend suitable investment options for these funds, aiming to diversify investments beyond U.S. government debt.
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