H.R.3456: Personal Retirement Savings Account Act of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced March 12, 1998
  • Latest Major Action March 17, 1998

Bill Summary

Personal Retirement Savings Account Act of 1998 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to add a new part B (Personal Social Security Plus Accounts). Establishes in the Treasury a Social Security Plus Fund to hold 80 percent of the surplus (if any) in the Federal budget for each fiscal year for investment in accordance with rules governing the Thrift Savings Plan which shall...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
March 12, 1998

Introduced in the House by John R. Kasich (R-Ohio)

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