H.R. 581 - Savings for Seniors Act of 2007
- Sponsor:
- Marsha Blackburn
- Summary:
- Status:
- The bill has been introduced.
Savings for Seniors Act of 2007
H.R. 581 — 110th Congress (2007–2008)
- Summary
- To amend title II of the Social Security Act to establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund to hold the Social Security surplus, to provide for suspension of investment of amounts held in the Account until enactment of legislation providing for investment of the Trust Fund in investment vehicles other than obligations of the United States, and to establish a Social Security Investment Commission to make recommendations for alternative forms of investment of the Social Security surplus in the Trust Fund. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend title II of the Social Security Act to establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund to hold the Social Security surplus, to provide for suspension of investment of amounts held in the Account until enactment of legislation providing for investment of the Trust Fund in investment vehicles other than obligations of the United States, and to establish a Social Security Investment Commission to make recommendations for alternative forms of investment of the Social Security surplus in the Trust Fund.
- Other Titles
- Savings for Seniors Act of 2007
- Sponsor
- Marsha Blackburn
- Co-Sponsors
- Subjects
- Social security
- Budget surpluses
- Budgets
- Congress
- Congressional reporting requirements
- Executive departments
- Federal advisory bodies
- Finance
- Government trust funds
- Governmental investigations
- Investment of public funds
- Investments
- Legislation
- Old age, survivors and disability insurance
- Social security finance
- Related Bills
- Major Actions
Introduced 1/19/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 1/19/2007 1/19/2007 Referred to the House Committee on Ways and Means. 1/24/2007 Referred to the Subcommittee on Social Security. Number Sponsor Date Offered Status
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