SOS Act
This bill amends reporting requirements for Social Security trust fund finances. It requires congressional reports on the Old-Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund to include a graph comparing two specific figures: the amount assumed under a 1985 law (section 257(b)(1) of the Balanced Budget and Emergency Deficit Control Act) and actual outlays based on current law. The change affects how the Congressional Budget Office or relevant committees present these financial reports. It does not alter Social Security benefits, eligibility, or funding levels - only the format of the information provided to Congress.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 19, 2024
Last action Mar 19, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 19, 2024
Committee
Read twice and referred to the Committee on the Budget.
upper
Mar 19, 2024
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Cassidy
RRepublican
Co
Joe Manchin, III
IIndependent
Co
Mike Braun
RRepublican
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