WeVote

Bill

Bill

HR 9187

To establish the Commission on Long-Term Social Security Solvency, and for other purposes.

119th Congress Introduced by Tom Cole and 1 co-sponsor

Creates a nonpartisan commission to study and recommend policies to ensure Social Security's long-term solvency.

Introduced in House
0
WeVote Research Nonpartisan
Bill Summary · HR 9187

Summary of HR 9187 (Session 119)

Purpose and intent

  • HR 9187 seeks to establish a new, independent commission titled the Commission on Long-Term Social Security Solvency.
  • The core aim is to study and develop recommendations to ensure the long-term financial viability of the Social Security program.

Key provisions and changes

  • Establishment of the Commission on Long-Term Social Security Solvency, including its composition, duties, and authority (as defined in the bill text).
  • Mandate for the Commission to conduct a comprehensive review of Social Security’s long-term solvency using actuarial analyses, economic projections, and impact assessments.
  • The Commission would be tasked with producing findings, policy options, and recommendations intended to preserve or enhance the solvency of Social Security over a defined horizon (commonly 75–75+ years in such contexts; exact period to be specified in the bill).
  • Potential policy options the Commission could consider may include, but are not limited to:
    • Revenue adjustments (e.g., modifications to payroll tax structure, tax rate changes, base changes).
    • Benefit reforms (e.g., adjustments to eligibility, benefit formulas, indexation, or claiming ages).
    • Administrative or efficiency measures to reduce costs or improve program delivery.
  • Timelines for reporting: the Commission would be required to submit interim and final reports with findings and recommendations to Congress by specified deadlines.
  • Procedures for governance: appointments, term lengths, conflict-of-interest provisions, staff support, and funding for the Commission’s operations.
  • Sunset or termination provisions: the bill may specify whether the Commission is temporary with a sunset date or continues to operate until its recommendations are acted upon, subject to congressional action.

Who/what would be affected

  • The Social Security program (Old-Age and Survivors Insurance and Disability Insurance) would be the primary subject of analysis and potential reform options.
  • Stakeholders include current and future beneficiaries, employers and workers funded through payroll taxes, the Treasury, and federal policymakers who would use the Commission’s findings to inform legislation.
  • Administrative and federal workforce involved in Social Security program administration could be affected indirectly through proposed changes.

Procedural and timeline aspects

  • Introduced in the House and referred to:
    • Committee on Ways and Means (jurisdiction over Social Security and related tax/benefit issues).
    • Committee on Rules (for consideration of measures under the rules of the House).
  • Referral indicates the bill will undergo committee review, potential markups, and hearings before any floor consideration.
  • The timeline for action depends on committee agendas, reported amendments, and House leadership decisions on scheduling.
  • Co-sponsors noted: Tom Cole and Tom Suozzi, indicating bipartisan (across party lines) interest in examining long-term Social Security solvency.

Notes for readers

  • The bill proposes creating a specialized body to provide nonpartisan analysis and policy options rather than immediate changes to law. It emphasizes long-term solvency, recognizing the program’s financial challenges over extended horizons.
  • As with any proposed commission, the actual impact depends on the Commission’s findings and Congress’s subsequent legislative actions implementing or rejecting its recommendations.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.