Page:United States Statutes at Large Volume 104 Part 2.djvu/1031

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PUBLIC LAW 101-508—NOV. 5, 1990 104 STAT. 1388-623 (D) in subsection (c), by striking "when" and inserting "When"; (E) in subsection (c)(D, by striking "(d)(l)(A) or (d)(l)(D) of section 20001 of the Consolidated Omnibus Budget Reconciliation Act of 1985" and inserting "(b)(l)(A), (b)(l)(B), (b)(l)(D), (b)(l)(E),or(b)(l)(F)";and (F) in subsection (c)(2), by striking "this resolution" and inserting "this subsection". (5) The table of contents for the Congressional Budget and Impoundment Control Act of 1974 is amended by adding after the item for section 312 the following new item: "Sec. 313. Extraneous matter in reconciliation legislation.". Subtitle C—Social Security SEC. 13301. OFF-BUDGET STATUS OF OASDI TRUST FUNDS. (a) EXCLUSION OF SOCIAL SECURITY FROM ALL BUDGETS.— Notwith- 2 USC 632 note, standing any other provision of law, the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund shall not be counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of— (1) the budget of the United States Government as submitted by the President, (2) the congressional budget, or (3) the Balanced Budget and Emergency Deficit Control Act of 1985. 0)) EXCLUSION OF SOCIAL SECURITY FROM CONGRESSIONAL BUDGET.—Section 301(a) of the Congressional Budget Act of 1974 is 2 USC 632. amended by adding at the end the following: "The concurrent resolution shall not include the outlays and revenue totals of the old age, survivors, and disability insurance program established under title II of the Social Security Act or the related provisions of the Internal Revenue Code of 1986 in the surplus or deficit totals required by this subsection or in any other surplus or deficit totals required by this title.". SEC. 13302. PROTECTION OF OASDI TRUST FUNDS IN THE HOUSE OF 2 USC 632 note. REPRESENTATIVES. (a) IN GENERAL.—It shall not be in order in the House of Representatives to consider any bill or joint resolution, as reported, or any Eimendment thereto or conference report thereon, if, upon enactment— (I)(A) such legislation under consideration would provide for a net increase in OASDI benefits of at least 0.02 percent of the present value of future taxable payroll for the 75-year period utilized in the most recent annual report of the Board of Trustees provided pursuant to section 201(c)(2) of the Social Security Act, and (B) such legislation under consideration does not provide at least a net increase, for such f 5-year period, in OASDI taxes of the amount by which the net increase in such benefits exceeds 0.02 percent of the present value of future taxable pajn-oU for such 75-year period, (2)(A) such legislation under consideration would provide for a net increase in OASDI benefits (for the 5-year estimating period for such legislation under consideration), (B) such net increase.