House bill · 119th Congress · Latest step: Introduced
Social Security and Medicare Lock-Box Act
Official title: 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.
Sponsor: Rep. Tim Walberg R-MIWhere it went
- IntroducedFeb 11, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 11, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 1221.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. WALBERG, as printed in the Congressional Record (Vol. 171, No. 28, February 11, 2025, Page H646):Article 1, Section 8, Clause 1 of the United States ConstitutionSource: Congress.gov, Congressional Record February 11, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 64 characters
- Congress.gov bill record
- H.R. 1221, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1221
- Record last updated by Congress.gov
- March 21, 2025
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
1e99b303d198b12bf3c45abbca5a70155b9be270c4540b10d20014e15b5260af
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of March 21, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 1221, last updated March 21, 2025. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Tim Walberg.
- H.R. 4307 (119th) Enhancing Detection of Human Trafficking Act
- H.R. 2616 (119th) Stopping Indoctrination and Protecting Kids Act
- H.R. 4386 (119th) America the Beautiful Motorcycle Fairness Act
- H.Res. 117 (119th) Electing a Member to a certain standing committee of the House of Representatives.
- H.R. 2528 (119th) Association Health Plans Act
- H.R. 3170 (119th) Improving Access to Workers’ Compensation for Injured Federal Workers Act of 2025
Sponsor’s state and district
Data as of Sep 14, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.