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U.S. Code as of:
01/19/04
Section 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.
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