Caps how much Social Security can keep from monthly payments for overpayments.
This bill would limit how much Social Security can keep from someone's monthly payment if they were paid too much by mistake. It would cap the amount kept at 10% of the payment, unless the person asks for more to be taken or the overpayment was due to fraud. This change would make sure people receiving Social Security don't see big, sudden cuts to their payments.
Currently, Social Security can keep amounts from monthly payments to get back money paid by mistake without a specific limit on the percentage kept, which could lead to big cuts in payments. If this bill becomes law, Social Security would generally be limited to keeping no more than 10% of a monthly payment to get back money paid by mistake, unless the person asks for a higher rate or the overpayment was due to fraud. This would make their monthly payments more predictable.
HR 2999 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10
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4 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.