The bill would establish a process for developing and considering legislation intended to ensure that the Social Security Old-Age and Survivors Insurance and Disability Insurance Trust Funds can pay 100% of scheduled benefits for at least 50 years. The Social Security Advisory Board would solicit public input and submit recommendations and legislative language to Congress by September 14, 2026; Congress would then use expedited procedures to consider qualifying legislation, with deadlines in November 2026 and specified voting requirements. If such legislation became law, the process would be revisited in 2037 and every 10 years thereafter when the trustees report that the Trust Funds cannot meet the stated standard.

FactVote-generated overview; it is not an official CRS summary.