42 U.S.C. · The Public Health and Welfare
42 U.S.C. § 1320b15

Protection of social security and medicare trust funds

Ch. 7 — SOCIAL SECURITY
Title 42 U.S.C. ● ACTIVE Primary Source Ch. 7
Statutory Text

42 U.S.C. § 1320b15 — Protection of social security and medicare trust funds

U.S.C. Title 42 - THE PUBLIC HEALTH AND WELFARE 42 U.S.C. United States Code, 2023 Edition Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 7 - SOCIAL SECURITY SUBCHAPTER XI - GENERAL PROVISIONS, PEER REVIEW, AND ADMINISTRATIVE SIMPLIFICATION Part A - General Provisions Sec. 1320b-15 - Protection of social security and medicare trust funds From the U.S. Government Publishing Office, www.gpo.gov

§1320b–15. Protection of social security and medicare trust funds

(a) In general No officer or employee of the United States shall— (1) delay the deposit of any amount into (or delay the credit of any amount to) any Federal fund or otherwise vary from the normal terms, procedures, or timing for making such deposits or credits, (2) refrain from the investment in public debt obligations of amounts in any Federal fund, or (3) redeem prior to maturity amounts in any Federal fund which are invested in public debt obligations for any purpose other than the payment of benefits or administrative expenses from such Federal fund. (b) "Public debt obligation" defined For purposes of this section, the term "public debt obligation" means any obligation subject to the public debt limit established under section 3101 of title 31. (c) "Federal fund" defined For purposes of this section, the term "Federal fund" means— (1) the Federal Old-Age and Survivors Insurance Trust Fund; (2) the Federal Disability Insurance Trust Fund; (3) the Federal Hospital Insurance Trust Fund; and (4) the Federal Supplementary Medical Insurance Trust Fund.

(Aug. 14, 1935, ch. 531, title XI, §1145, as added Pub. L. 104–121, title I, §107(a), Mar. 29, 1996, 110 Stat. 856.)

Statutory Notes and Related Subsidiaries

Effective Date Pub. L. 104–121, title I, §107(b), Mar. 29, 1996, 110 Stat. 857, provided that: "The amendment made by this section [enacting this section] shall take effect on the date of the enactment of this Act [Mar. 29, 1996]."

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC42-SEC-E74DF1
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
42 U.S.C. § 1320b15
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
d18f95ff2c517a67...
Semantic Edges
Pending — corpus passes queued
The statutory text of 42 U.S.C. § 1320b15 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 42
◈ Provenance
boisestandard.org United States Law U.S. Code Title 42 42 U.S.C. § 1320b15