HR9187119th CongressWALLET

Bipartisan Social Security Commission Act of 2026

Sponsored By: Representative Cole, Tom [R-OK-4]

Introduced

Summary

Creates a bipartisan commission focused on long-term Social Security solvency. The Commission on Long-Term Social Security Solvency would develop and send Congress recommendations and proposed legislation to make the Old-Age and Survivors Insurance and Disability Insurance trust funds solvent for at least 75 years.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

New bipartisan Social Security commission

If enacted, the bill would create a 13-member Commission on Long-Term Social Security Solvency. Members would be named by the President and congressional leaders and must be appointed within 30 days of enactment. The commission must meet within 30 days after appointments and would end no later than 60 days after it files its final report. Members would not be paid a salary but would get travel expenses and per diem.

Commission report plus fast congressional review

If enacted, the commission would have one year after its first meeting to send Congress a special message with recommendations and draft legislation to make Social Security's retirement and disability funds solvent for at least 75 years starting one year after that meeting. At least 9 of 13 commissioners must approve the message. If enacted, Congress would have a fast-track process: leaders must introduce an "approval bill" within three days of getting the message, committees must report it within three legislative days or be discharged, House debate would be limited to 4 hours, and Senate debate and motions would be limited to 30 hours. The approval bill would not be open to amendments and many procedural objections would be waived.

Commission staffing, data, contracts, and budget

If enacted, the commission would hire a Director (with chair and co-chair approval) paid at a rate like a comparable Executive Schedule job. The Director could hire staff and set pay, and federal agencies would be able to detail personnel to the commission without reimbursement. The commission could get data and technical help from any federal agency, contract with outside experts, accept gifts (with money deposited in the Treasury), and use General Services support on a reimbursable basis. The bill would authorize up to $2,000,000 to run the commission and would cap pay for temporary hires at the daily equivalent of a comparable Executive Schedule rate.

Sponsors & CoSponsors

Sponsor

Cole, Tom [R-OK-4]

OK • R

Cosponsors

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 6/8/2026

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 6/23/2026

  • Rep. Tran, Derek [D-CA-45]

    CA • D

    Sponsored 6/23/2026

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 7/20/2026

  • Rep. Smith, Adrian [R-NE-3]

    NE • R

    Sponsored 7/20/2026

Roll Call Votes

No roll call votes available for this bill.

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