Section 1. Short title
This Act may be cited as the Bipartisan Social Security Commission Act of 2026.
Section 2. Establishment
There is established in the legislative branch a commission to be known as the Commission on Long-Term Social Security Solvency (in this Act referred to as the Commission).
Section 3. Duty of the Commission
Not later than 1 year after the initial meeting of the Commission, the Commission shall transmit to Congress a special message that includes recommendations and proposed legislation for achieving solvency in each of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund for a period of at least 75 years beginning on the date that is 1 year after the initial meeting of the Commission. Such message shall be approved by at least 9 members of the Commission.
(a) Number and appointment
The Commission shall be composed of 13 members. Of the members of the Commission—
(1) 1 shall be appointed by the President;
(2) 2 shall be appointed by the Speaker of the House of Representatives;
(3) 2 shall be appointed by the minority leader of the House of Representatives;
(4) 2 shall be appointed by the majority leader of the Senate;
(5) 2 shall be appointed by the minority leader of the Senate;
(6) 1 shall be appointed by the chairman of the Committee on Ways and Means of the House of Representatives;
(7) 1 shall be appointed by the ranking member of the Committee on Ways and Means of the House of Representatives;
(8) 1 shall be appointed by the chairman of the Committee on Finance of the Senate; and
(9) 1 shall be appointed by the ranking member of the Committee on Finance Senate.
(b) Qualifications for congressional appointees
Of the members of the Commission appointed by the Congress, at least 1 appointed by each political party shall be an expert who is not an elected official or an officer or employee of the Federal Government or of any State.
(c) Timing of appointments
Each of the appointments made under subsection (a) shall be made not later than 30 days after the date of the enactment of this Act.
(d) Terms; vacancies
Each member shall be appointed for the life of the Commission, and a vacancy in the Commission shall be filled in the manner in which the original appointment was made.
(1) In general
Members of the Commission shall serve without pay.
(2) Travel expenses
Each member shall receive travel expenses, including per diem in lieu of subsistence, in accordance with applicable provisions under subchapter I of chapter 57 of title 5, United States Code.
(a) Chair and co-Chair
The member of the Commission appointed by the President under section 4(a) shall serve as the chair of the Commission. A co-chair of the Commission shall be designated by the Speaker of the House of Representatives at the time of the appointment.
(b) Meetings
The Commission shall meet not later than 30 days after the members of the Commission have been appointed, and at such times thereafter as the chair or co-chair shall determine.
(c) Rules of procedure
The chair and co-chair shall, with the approval of a majority of the members of the Commission, establish written rules of procedure for the Commission, which shall include a quorum requirement to conduct the business of the Commission.
(d) Hearings
The Commission shall, for the purpose of carrying out this Act, hold at least one hearing that is open to the public and allows for public comment and participation, and may hold such other hearings, sit and act at times and places, take testimony, and receive evidence as the Commission considers appropriate.
(e) Obtaining official data
The Commission may secure directly from any department or agency of the United States, including the Congressional Budget Office and the Government Accountability Office, any information or technical assistance necessary to enable it to carry out this Act. Upon request of the chair or co-chair of the Commission, the head of that department or agency shall furnish that information or technical assistance to the Commission.
(g) Mails
The Commission may use the United States mails in the same manner and under the same conditions as other departments and agencies of the United States.
(a) Director
The Commission shall have a Director who shall be appointed by the Commission. The Director shall be paid at a rate of pay equivalent to the annual rate of basic pay for a comparable position paid under the Executive Schedule, subject to the approval of the chair and the co-chair.
(b) Staff
The Director may appoint and fix the pay of additional staff as the Director considers appropriate.
(c) Experts and consultants
The Commission may procure temporary and intermittent services under section 3109(b) of title 5, United States Code, but at rates for individuals not to exceed the daily equivalent of the annual rate of basic pay for a comparable position paid under the Executive Schedule.
(d) Staff of Federal agencies
Upon request of the Commission, the head of any Federal department or agency may detail, without reimbursement, any of the personnel of that department or agency to the Commission to assist it in carrying out its duties under this Act.
(e) Administrative support services
Upon the request of the Commission, the Administrator of General Services shall provide to the Commission, on a reimbursable basis, the administrative support services necessary for the Commission to carry out its responsibilities under this Act.
(f) Gifts, bequests, and devises
The Commission may accept, use, and dispose of gifts, bequests, or devises of services or property, both real and personal, for the purpose of aiding or facilitating the work of the Commission. Gifts, bequests, or devises of money and proceeds from sales of other property received as gifts, bequests, or devises shall be deposited in the Treasury and shall be available for disbursement upon order of the Commission.
Section 7. Termination
The Commission shall terminate not later than 60 days after the submission of the report described in section 3.