H.R. 1520: Social Security and Medicare Lock-Box Act

To amend titles II and XVIII of the Social Security Act to establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund to hold the Social Security surplus and a Medicare Surplus Protection Account in the Federal Hospital Insurance Trust Fund to hold the Medicare surplus, to provide for suspension of investment of amounts held in such Accounts until enactment of legislation providing for investment of the Trust Funds in investment vehicles other than obligations of the United States, and to establish a Social Security and Medicare Part A Investment Commission to make recommendations for alternative forms of investment of the Social Security and Medicare surpluses.

The bill’s titles are written by its sponsor.

What you can do



Mar 19, 2015


Referred to Committee on Mar 19, 2015

This bill was assigned to a congressional committee on March 19, 2015, which will consider it before possibly sending it on to the House or Senate as a whole.


Tim Walberg

Representative for Michigan's 7th congressional district



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Last Updated: Mar 19, 2015
Length: 13 pages


1% chance of being enacted according to PredictGov (details)


Mar 19, 2015

This is the first step in the legislative process.

Reported by Committee

Passed House

Passed Senate

Signed by the President

H.R. 1520 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

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“H.R. 1520 — 114th Congress: Social Security and Medicare Lock-Box Act.” www.GovTrack.us. 2015. October 24, 2016 <https://www.govtrack.us/congress/bills/114/hr1520>

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