text: SECTION 1. PAYMENT IN LIEU OF A COST-OF-LIVING ADJUSTMENT TO RECIPIENTS 
                OF SOCIAL SECURITY, SUPPLEMENTAL SECURITY INCOME, 
                RAILROAD RETIREMENT BENEFITS, AND VETERANS DISABILITY 
                COMPENSATION OR PENSION BENEFITS.
  
      (a) Authority To Make Payments.--
              (1) Eligibility.--
                      (A) In general.--Subject to paragraph (5)(B), the 
                  Secretary of the Treasury shall disburse a one-time 
                  payment of the applicable amount to each individual 
                  who, for any month during the 3-month period ending 
                  with the month which ends prior to the month that 
                  includes the date of the enactment of this Act, is 
                  entitled to a benefit payment described in clause (i), 
                  (ii), or (iii) of subparagraph (D) or is eligible for a 
                  SSI cash benefit described in subparagraph (E). 
                  Payments shall be made under this section only if no 
                  increase takes effect with the month of December 2010 
                  under section 215(i) of the Social Security Act. In the 
                  case of an individual who is eligible for a payment 
                  under this subparagraph by reason of entitlement to a 
                  benefit described in subparagraph (D)(i), no such 
                  payment shall be made to such individual unless such 
                  individual was paid a benefit described in such 
                  subparagraph (D)(i) for any month in the 12-month 
                  period ending with the month which ends prior to the 
                  month that includes the date of the enactment of this 
                  Act.
                      (B) Applicable amount.--
                              (i) In general.--For purposes of 
                          subparagraph (A), the applicable amount shall 
                          be the percentage of such individual's monthly 
                          benefit payment described in clause (i), (ii), 
                          or (iii) of subparagraph (C) or SSI cash 
                          benefit described in subparagraph (D) for the 
                          month of December 2010 determined by 
                          multiplying such benefit payment by 0.6.
                              (ii) Individual receiving more than 1 
                          benefit.--In the case that an individual is 
                          entitled to, or eligible for, more than 1 
                          benefit payment described in clause (i), (ii), 
                          or (iii) of subparagraph (C) or SSI cash 
                          benefit described in subparagraph (D), such 
                          individual's payment shall be determined using 
                          such benefit payment that provides the greater 
                          monthly benefit payment.
                      (C) Funding for appropriations to the general fund 
                  of the treasury.--In order to reimburse the general 
                  fund of the Treasury for payments made pursuant to 
                  subparagraph (A), the Director of the Office of 
                  Management and Budget shall redirect to the general 
                  fund of the Treasury any repayment of assistance 
                  provided under title I of the Emergency Economic 
                  Stabilization Act of 2008 (12 U.S.C. 5201 et seq.) made 
                  by a financial institution (as defined in section 3(5) 
                  of such Act (12 U.S.C. 5202(5)) after the date of the 
                  enactment of this Act.
                      (D) Benefit payment described.--For purposes of 
                  subparagraph (A):
                              (i) Title ii benefit.--A benefit payment 
                          described in this clause is a monthly insurance 
                          benefit payable (without regard to sections 
                          202(j)(1) and 223(b) of the Social Security Act 
                          (42 U.S.C. 402(j)(1), 423(b)) under--
                                      (I) section 202(a) of such Act (42 
                                  U.S.C. 402(a));
                                      (II) section 202(b) of such Act (42 
                                  U.S.C. 402(b));
                                      (III) section 202(c) of such Act 
                                  (42 U.S.C. 402(c));
                                      (IV) section 202(d)(1)(B)(ii) of 
                                  such Act (42 U.S.C. 402(d)(1)(B)(ii));
                                      (V) section 202(e) of such Act (42 
                                  U.S.C. 402(e));
                                      (VI) section 202(f) of such Act (42 
                                  U.S.C. 402(f));
                                      (VII) section 202(g) of such Act 
                                  (42 U.S.C. 402(g));
                                      (VIII) section 202(h) of such Act 
                                  (42 U.S.C. 402(h));
                                      (IX) section 223(a) of such Act (42 
                                  U.S.C. 423(a));
                                      (X) section 227 of such Act (42 
                                  U.S.C. 427); or
                                      (XI) section 228 of such Act (42 
                                  U.S.C. 428).
                              (ii) Railroad retirement benefit.--A 
                          benefit payment described in this clause is a 
                          monthly annuity or pension payment payable 
                          (without regard to section 5(a)(ii) of the 
                          Railroad Retirement Act of 1974 (45 U.S.C. 
                          231d(a)(ii))) under--
                                      (I) section 2(a)(1) of such Act (45 
                                  U.S.C. 231a(a)(1));
                                      (II) section 2(c) of such Act (45 
                                  U.S.C. 231a(c));
                                      (III) section 2(d)(1)(i) of such 
                                  Act (45 U.S.C. 231a(d)(1)(i));
                                      (IV) section 2(d)(1)(ii) of such 
                                  Act (45 U.S.C. 231a(d)(1)(ii));
                                      (V) section 2(d)(1)(iii)(C) of such 
                                  Act to an adult disabled child (45 
                                  U.S.C. 231a(d)(1)(iii)(C));
                                      (VI) section 2(d)(1)(iv) of such 
                                  Act (45 U.S.C. 231a(d)(1)(iv));
                                      (VII) section 2(d)(1)(v) of such 
                                  Act (45 U.S.C. 231a(d)(1)(v)); or
                                      (VIII) section 7(b)(2) of such Act 
                                  (45 U.S.C. 231f(b)(2)) with respect to 
                                  any of the benefit payments described 
                                  in clause (i) of this subparagraph.
                              (iii) Veterans benefit.--A benefit payment 
                          described in this clause is a compensation or 
                          pension payment payable under--
                                      (I) section 1110, 1117, 1121, 1131, 
                                  1141, or 1151 of title 38, United 
                                  States Code;
                                      (II) section 1310, 1312, 1313, 
                                  1315, 1316, or 1318 of title 38, United 
                                  States Code;
                                      (III) section 1513, 1521, 1533, 
                                  1536, 1537, 1541, 1542, or 1562 of 
                                  title 38, United States Code; or
                                      (IV) section 1805, 1815, or 1821 of 
                                  title 38, United States Code,
                          to a veteran, surviving spouse, child, or 
                          parent as described in paragraph (2), (3), 
                          (4)(A)(ii), or (5) of section 101, title 38, 
                          United States Code, who received that benefit 
                          during any month within the 3-month period 
                          ending with the month which ends prior to the 
                          month that includes the date of the enactment 
                          of this Act.
                      (E) SSI cash benefit described.--A SSI cash benefit 
                  described in this subparagraph is a cash benefit 
                  payable under section 1611 (other than under subsection 
                  (e)(1)(B) of such section) or 1619(a) of the Social 
                  Security Act (42 U.S.C. 1382, 1382h).
              (2) Requirement.--A payment shall be made under paragraph 
          (1) only to individuals who reside in 1 of the 50 States, the 
          District of Columbia, Puerto Rico, Guam, the United States 
          Virgin Islands, American Samoa, or the Northern Mariana 
          Islands, or who are utilizing a foreign or domestic Army Post 
          Office, Fleet Post Office, or Diplomatic Post Office address. 
          For purposes of the preceding sentence, the determination of 
          the individual's residence shall be based on the address of 
          record, as of the date of certification under subsection (b) 
          for a payment under this section under a program specified in 
          paragraph (1).
              (3) No double payments.--An individual shall be paid only 1 
          payment under this section, regardless of whether the 
          individual is entitled to, or eligible for, more than 1 benefit 
          or cash payment described in paragraph (1).
              (4) Limitation.--A payment under this section shall not be 
          made (or, in the case of subparagraph (D), shall not be due)--
                      (A) in the case of an individual entitled to a 
                  benefit specified in paragraph (1)(D)(i) or paragraph 
                  (1)(D)(ii)(VIII) if--
                              (i) for the most recent month of such 
                          individual's entitlement in the 3-month period 
                          described in paragraph (1); or
                              (ii) for any month thereafter which is 
                          before the month after the month of the 
                          payment;
                  such individual's benefit under such paragraph was not 
                  payable by reason of subsection (x) or (y) of section 
                  202 the Social Security Act (42 U.S.C. 402) or section 
                  1129A of such Act (42 U.S.C. 1320a-8a);
                      (B) in the case of an individual entitled to a 
                  benefit specified in paragraph (1)(D)(iii) if, for the 
                  most recent month of such individual's entitlement in 
                  the 3-month period described in paragraph (1), such 
                  individual's benefit under such paragraph was not 
                  payable, or was reduced, by reason of section 1505, 
                  5313, or 5313B of title 38, United States Code;
                      (C) in the case of an individual entitled to a 
                  benefit specified in paragraph (1)(E) if--
                              (i) for such most recent month of such 
                          individual's eligibility in the 3-month period 
                          described in paragraph (1); or
                              (ii) for any month thereafter which is 
                          before the month after the month of the 
                          payment;
                  such individual's benefit under such paragraph was not 
                  payable by reason of subsection (e)(1)(A) or (e)(4) of 
                  section 1611 (42 U.S.C. 1382) or section 1129A of such 
                  Act (42 U.S.C. 1320a-8a); or
                      (D) in the case of any individual whose date of 
                  death occurs--
                              (i) before the date of the receipt of the 
                          payment; or
                              (ii) in the case of a direct deposit, 
                          before the date on which such payment is 
                          deposited into such individual's account.
                  In the case of any individual whose date of death 
                  occurs before a payment is negotiated (in the case of a 
                  check) or deposited (in the case of a direct deposit), 
                  such payment shall not be due and shall not be reissued 
                  to the estate of such individual or to any other 
                  person. Subparagraphs (A)(ii) and (C)(ii) shall apply 
                  only in the case of certifications under subsection (b) 
                  which are, or but for this paragraph would be, made 
                  after the date of the enactment of this Act, shall 
                  apply to such certifications without regard to the 
                  calendar year of the payments to which such 
                  certifications apply.
              (5) Timing and manner of payments.--
                      (A) In general.--The Secretary of the Treasury 
                  shall commence disbursing payments under this section 
                  at the earliest practicable date in 2011 prior to April 
                  1, 2011. The Secretary of the Treasury may disburse any 
                  payment electronically to an individual in such manner 
                  as if such payment was a benefit payment or cash 
                  benefit to such individual under the applicable program 
                  described in subparagraph (D) or (E) of paragraph (1).
                      (B) Deadline.--No payments shall be disbursed under 
                  this section after December 31, 2011, regardless of any 
                  determinations of entitlement to, or eligibility for, 
                  such payments made after such date.
      (b) Identification of Recipients.--The Commissioner of Social 
  Security, the Railroad Retirement Board, and the Secretary of Veterans 
  Affairs shall certify the individuals entitled to receive payments 
  under this section and provide the Secretary of the Treasury with the 
  information needed to disburse such payments. A certification of an 
  individual shall be unaffected by any subsequent determination or 
  redetermination of the individual's entitlement to, or eligibility for, 
  a benefit specified in subparagraph (D) or (E) of subsection (a)(1) 
  (except that such certification shall be affected by a determination 
  that an individual is an individual described in subparagraph (A), (B), 
  (C), or (D) of subsection (a)(4) during a period described in such 
  subparagraphs), and no individual shall be certified to receive a 
  payment under this section for a calendar year if such individual has 
  at any time been denied certification for such a payment for such 
  calendar year by reason of subparagraph (A)(ii) or (C)(ii) of 
  subsection (a)(4) (unless such individual is subsequently determined 
  not to have been an individual described in either such subparagraph at 
  the time of such denial).
      (c) Treatment of Payments.--
              (1) Payment to be disregarded for purposes of all federal 
          and federally assisted programs.--A payment under subsection 
          (a) shall not be regarded as income and shall not be regarded 
          as a resource for the month of receipt and the following 9 
          months, for purposes of determining the eligibility of the 
          recipient (or the recipient's spouse or family) for benefits or 
          assistance, or the amount or extent of benefits or assistance, 
          under any Federal program or under any State or local program 
          financed in whole or in part with Federal funds.
              (2) Payment not considered income for purposes of 
          taxation.--A payment under subsection (a) shall not be 
          considered as gross income for purposes of the Internal Revenue 
          Code of 1986.
              (3) Payments protected from assignment.--The provisions of 
          sections 207 and 1631(d)(1) of the Social Security Act (42 
          U.S.C. 407, 1383(d)(1)), section 14(a) of the Railroad 
          Retirement Act of 1974 (45 U.S.C. 231m(a)), and section 5301 of 
          title 38, United States Code, shall apply to any payment made 
          under subsection (a) as if such payment was a benefit payment 
          or cash benefit to such individual under the applicable program 
          described in subparagraph (D) or (E) of subsection (a)(1).
              (4) Payments subject to offset.--Notwithstanding paragraph 
          (3)--
                      (A) any payment made under this section shall, in 
                  the case of a payment of a direct deposit which is made 
                  after the date of the enactment of this Act, be subject 
                  to the reclamation provisions under subpart B of part 
                  210 of title 31, Code of Federal Regulations (relating 
                  to reclamation of benefit payments); and
                      (B) any payment made under this section shall not, 
                  for purposes of section 3716 of title 31, United States 
                  Code, be considered a benefit payment or cash benefit 
                  made under the applicable program described in 
                  subparagraph (D) or (E) of subsection (a)(1), and all 
                  amounts paid shall be subject to offset to collect 
                  delinquent debts.
      (d) Payment to Representative Payees and Fiduciaries.--
              (1) In general.--In any case in which an individual who is 
          entitled to a payment under subsection (a) and whose benefit 
          payment or cash benefit described in paragraph (1) of that 
          subsection is paid to a representative payee or fiduciary, the 
          payment under subsection (a) shall be made to the individual's 
          representative payee or fiduciary and the entire payment shall 
          be used only for the benefit of the individual who is entitled 
          to the payment.
              (2) Applicability.--
                      (A) Payment on the basis of a title ii or ssi 
                  benefit.--Section 1129(a)(3) of the Social Security Act 
                  (42 U.S.C. 1320a-8(a)(3)) shall apply to any payment 
                  made on the basis of an entitlement to a benefit 
                  specified in paragraph (1)(D)(i) or (1)(E) of 
                  subsection (a) in the same manner as such section 
                  applies to a payment under title II or XVI of such Act.
                      (B) Payment on the basis of a railroad retirement 
                  benefit.--Section 13 of the Railroad Retirement Act (45 
                  U.S.C. 231l) shall apply to any payment made on the 
                  basis of an entitlement to a benefit specified in 
                  paragraph (1)(D)(ii) of subsection (a) in the same 
                  manner as such section applies to a payment under such 
                  Act.
                      (C) Payment on the basis of a veterans benefit.--
                  Sections 5502, 6106, and 6108 of title 38, United 
                  States Code, shall apply to any payment made on the 
                  basis of an entitlement to a benefit specified in 
                  paragraph (1)(D)(iii) of subsection (a) in the same 
                  manner as those sections apply to a payment under that 
                  title.
target: Directs the Secretary of the Treasury to disburse a one-time payment equal to 60% [sic] of the total annual amount of their benefits under Social Security, SSI (Supplemental Security Income under title XVI of the Social Security Act), the railroad retirement benefits program, and the veterans disability compensation or pension benefits program to recipients of such benefits if no cost-of-living adjustment is payable in 2011.
feat_title: To ensure that individuals who receive Social Security or certain other Federal benefits receive a one-time payment equal to 5 percent of the total annual amount of such benefit in the event that no cost-of-living adjustment is payable in 2011.