H.R.3021: To guarantee the continuing full investment of Social Security and other Federal funds in obligations of the United States.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about economics and public finance
  • Introduced March 6, 1996
  • Latest Major Action March 12, 1996

Bill Summary

Authorizes the Secretary of the Treasury to issue to each Federal fund U.S. obligations, under the public debt provisions of the U.S. Code, before March 30, 1996, in an amount not to exceed the sum of: (1) the amounts deposited in such fund on or after the earlier of the date the Secretary would not otherwise be able to issue such obligations to such fund, or March 15, 1996, and before March 30, 1996; and (2) the face amount of obligations...

(Source: Library of Congress)

Bill Actions

Date Description
Rules Committee Resolution H. Res. 371 Reported to House. Rule provides for consideration of H.R. 3021 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The amendment printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted. Measure will be considered read. Bill is closed to amendments.
Referred to the House Committee on Ways and Means.
Rule H. Res. 371 passed House.
Considered under the provisions of rule H. Res. 371.
Rule provides for consideration of H.R. 3021 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The amendment printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted. Measure will be considered read. Bill is closed to amendments.
Pursuant to the provisions of H. Res. 371, the amendment printed in the report of the Committee on Rules accompanying the resolution was considered as adopted.
DEBATE - The House proceeded with one hour of debate.
The previous question was ordered pursuant to the rule.
On passage Passed by the Yeas and Nays: 362 - 51 (Roll no. 48).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Measure laid before Senate.
Amendment SP 3465 proposed by Senator Moynihan.
Amendment SP 3465 not agreed to in Senate by Yea-Nay Vote. 43-47. Record Vote No: 24.
Passed Senate without amendment by Voice Vote.
Message on Senate action sent to the House.
Cleared for White House.
Presented to President.
Signed by President.
Became Public Law No: 104-115.
March 6, 1996

Introduced in the House by Bill Archer (R-Texas)

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