H.R. 3055 · 108th Congress · 2003–2004
Social Security Solvency Act of 2003
H.R. 3055 in the 108th Congress (2003–2004) was introduced on Sep 10, 2003, sponsored by Nick Smith with 9 co-sponsors.
During the 108th Congress (2003–2004), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Sep 10, 2003
- Co-sponsors
- 9
- Policy area
- Social Welfare
What it does
Social Security Solvency Act of 2003 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to create a new Individual Retirement Security Program (Program). Establishes in the Treasury an Interim Investment Fund (IIF) governed by the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Nick Smith (R-MI). Co-sponsors: 1 Democrat, 8 Republicans.
Where it stands
- IntroducedSep 10, 2003
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Sponsor introductory remarks on measure. (CR H5643-5646) (Jul 13, 2004)
More bills from Nick Smith in the 108th Congress
- H.R. 2608: National Earthquake Hazards Reduction Program Reauthorization Act of 2004
- H.R. 2447: To establish a Federal interagency task force to promote the benefits, safety, and potential uses…
- H.R. 3472: To establish a Federal interagency task force to promote the benefits, safety, and potential uses…
- H.R. 4074: To amend section 1105 of title 31, United States Code, to require the President to include the…
- H.R. 5195: To permanently reenact chapter 12 of title 11 of the United States Code, relating to family farmers.
Other Social Welfare bills in the 108th Congress
- H.R. 2350: Welfare Reform Extension Act of 2003
- S. 1276: Strengthen AmeriCorps Program Act
- H.R. 3182: Adoption Promotion Act of 2003
- H.R. 743: Social Security Protection Act of 2004
- S. 2231: Welfare Reform Extension Act of 2004
- H.R. 4589: TANF and Related Programs Continuation Act of 2004
- H.R. 5149: Welfare Reform Extension Act, Part VIII
- H.R. 173: Blind Empowerment Act of 2003
- S. 333: Elder Justice Act
- H.R. 535: To provide access to welfare tools to help Americans get back to work.
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 3055 (108th Congress): Social Security Solvency Act of 2003,” https://www.capitolreceipts.com/bill/108-hr-3055/social-security-solvency-act-of-2003 (accessed 2026-10-17).