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Bipartisan Social Security Commission: Ensuring Long-Term Benefit Solvency

This act establishes a bipartisan commission tasked with developing plans to ensure the long-term solvency of Social Security trust funds, including retirement and disability benefits. The goal is to stabilize the system for at least 75 years, which is crucial for citizens' future benefits. The commission will provide specific recommendations and proposed legislation, subject to expedited legislative procedures.
Key points
Creation of an independent 13-member commission, including non-political experts, to analyze and recommend changes to the Social Security system.
The commission's duty is to develop plans ensuring the solvency of old-age and disability insurance funds for at least 75 years, directly impacting future financial security.
The commission's recommendations, including proposed legislation, will undergo an expedited legislative process in Congress, potentially leading to quicker changes in benefits.
The commission will hold public hearings, allowing citizens to provide input and participate in decisions regarding the future of their benefits.
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Additional Information
Print number: 118_HR_281
Sponsor: Rep. Cole, Tom [R-OK-4]
Process start date: 2023-01-11
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Bipartisan Social Security Commission Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_281.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-01-11.

What are the main provisions?

Key points include:

  • Creation of an independent 13-member commission, including non-political experts, to analyze and recommend changes to the Social Security system.
  • The commission's duty is to develop plans ensuring the solvency of old-age and disability insurance funds for at least 75 years, directly impacting future financial security.
  • The commission's recommendations, including proposed legislation, will undergo an expedited legislative process in Congress, potentially leading to quicker changes in benefits.
  • The commission will hold public hearings, allowing citizens to provide input and participate in decisions regarding the future of their benefits.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Cole, Tom [R-OK-4].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Social Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Benefits