text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Social Security Lock-Box Act of 
  2005''.
  
  SEC. 2. FINDINGS AND PURPOSE.
  
      (a) Findings.--Congress finds that--
              (1) fiscal pressures will mount as an aging population 
          increases the Government's obligations to provide retirement 
          income and health services;
              (2) Social Security surpluses should be reserved for 
          strengthening and preserving the Social Security Trust Funds; 
          and
              (3) preserving Social Security surpluses would restore 
          confidence in the long-term financial integrity of Social 
          Security.
      (b) Purpose.--It is the purpose of this Act to prevent the Social 
  Security Trust Funds from being used for any purpose other than 
  providing retirement security.
  
  SEC. 3. PROTECTION OF SOCIAL SECURITY TRUST FUNDS.
  
      (a) Protection of Social Security.--Title III of the Congressional 
  Budget Act of 1974 is amended by adding at the end the following new 
  section:
  
                       ``lock-box for social security
  
      ``Sec. 316. (a) Lock-Box for Social Security.--
              ``(1) Concurrent resolutions on the budget.--
                      ``(A) In general.--It shall not be in order in the 
                  House of Representatives or the Senate to consider any 
                  concurrent resolution on the budget, or an amendment 
                  thereto or conference report thereon, that would set 
                  forth totals for any fiscal year with respect to the 
                  Social Security Trust Funds that are less than the 
                  totals of the Social Security Trust Funds for that 
                  fiscal year as calculated in accordance with a current 
                  services baseline.
                      ``(B) Exception.--(i) Subparagraph (A) shall not 
                  apply to the extent that a violation of such 
                  subparagraph would result from an assumption in the 
                  resolution, amendment, or conference report, as 
                  applicable, of an increase in outlays or a decrease in 
                  revenues and disbursements relative to the baseline 
                  underlying that resolution for social security reform 
                  legislation for any such fiscal year.
                      ``(ii) If a concurrent resolution on the budget, or 
                  an amendment thereto or conference report thereon, 
                  would be in violation of subparagraph (A) because of an 
                  assumption of an increase in outlays or a decrease in 
                  revenue relative to the baseline underlying that 
                  resolution for social security reform legislation for 
                  any such fiscal year, then that resolution shall 
                  include a statement identifying any such increase in 
                  outlays or decrease in revenues and disbursements.
              ``(2) Spending and tax legislation.--
                      ``(A) In general.--It shall not be in order in the 
                  House of Representatives or the Senate to consider any 
                  bill, joint resolution, amendment, motion, or 
                  conference report if--
                              ``(i) the enactment of that bill or 
                          resolution, as reported;
                              ``(ii) the adoption and enactment of that 
                          amendment; or
                              ``(iii) the enactment of that bill or 
                          resolution in the form recommended in that 
                          conference report,
                  would cause the totals for any fiscal year covered by 
                  the most recently agreed to concurrent resolution on 
                  the budget with respect to the Social Security Trust 
                  Funds to be less than the totals of the Social Security 
                  Trust Funds for that fiscal year as calculated in 
                  accordance with the current services baseline.
                      ``(B) Exception.--Subparagraph (A) shall not apply 
                  to social security reform legislation.
      ``(b) Enforcement.--For purposes of enforcing any point of order 
  under subsection (a), the totals of the Social Security Trust Funds for 
  a fiscal year shall be the levels set forth in the later of the report 
  accompanying the concurrent resolution on the budget (or, in the 
  absence of such a report, placed in the Congressional Record prior to 
  the consideration of such resolution) or in the joint explanatory 
  statement of managers accompanying such resolution.
      ``(c) Additional Content of Reports Accompanying Budget Resolutions 
  and of Joint Explanatory Statements.--The report accompanying any 
  concurrent resolution on the budget and the joint explanatory statement 
  accompanying the conference report on each such resolution shall 
  include the levels of the totals in the budget for each fiscal year set 
  forth in such resolution and of the revenues and disbursements in the 
  Social Security Trust Funds.
      ``(d) Definitions.--As used in this section, the term `social 
  security reform legislation' means a bill or a joint resolution to save 
  social security that includes a provision stating the following: `For 
  purposes of section 316(a) of the Congressional Budget Act of 1974, 
  this Act constitutes social security reform legislation.'.
      ``(e) Waiver and Appeal.--Subsection (a) may be waived or suspended 
  in the Senate only by an affirmative vote of three-fifths of the 
  Members, duly chosen and sworn. An affirmative vote of three-fifths of 
  the Members of the Senate, duly chosen and sworn, shall be required in 
  the Senate to sustain an appeal of the ruling of the Chair on a point 
  of order raised under this section.
      ``(f)  Effective Date.--This section shall cease to have any force 
  or effect upon the enactment of social security reform legislation.''.
      (b) Conforming Amendment.--The table of contents set forth in 
  section 1(b) of the Congressional Budget and Impoundment Control Act of 
  1974 is amended by adding after the item for section 315 the following:
  
  ``Sec. 316. Lock-box for social security.''.
  
  SEC. 4. PRESIDENT'S BUDGET.
  
      (a) Protection of Social Security.--If the budget of the United 
  States Government submitted by the President under section 1105(a) of 
  title 31, United States Code, recommends totals for any fiscal year 
  with respect to the Social Security Trust Funds that are less than the 
  totals of the Social Security Trust Funds for that fiscal year as 
  calculated in accordance with current services baseline, then it shall 
  include a detailed proposal for social security reform legislation.
      (b) Effective Date.--Subsection (a) shall cease to have any force 
  or effect upon the enactment of social security reform legislation as 
  defined by section 316(d) of the Congressional Budget Act of 1974.
target: Social Security Lock-Box Act of 2005 - Amends the Congressional Budget Act of 1974 to provide a point of order against consideration of any: (1) budget resolution that sets forth totals for any fiscal year with respect to the Social Security Trust Funds that are less than the totals of the Social Security Trust Funds for that fiscal year as calculated in accordance with a current services baseline; or (2) spending or tax legislation that would cause any totals to be less than the Funds totals for the covered fiscal year.
  
  Makes the point of order described in (2) above inapplicable to Social Security reform legislation.
  
  Requires any Federal budget submitted by the President that recommends totals for any fiscal year with respect to the Funds that are less than the totals of the Funds for that fiscal year to include a detailed proposal for Social Security reform legislation. Makes this Act inapplicable upon the enactment of such legislation. Defines "Social Security reform legislation" as a bill or joint resolution to save Social Security that specifies that it constitutes reform legislation.
feat_title: A bill to establish a procedure to safeguard the Social Security Trust Funds.