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- H.R.4033
H.R.4033: To amend title II of the Social Security Act to require investment of the Social Security trust funds in marketable securities, and for other purposes.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about economics and public finance
- Introduced June 10, 1998
- Latest Major Action Sept. 17, 1998
Bill Sponsor
Bill Cosponsors
4 (2 Democrats, 3 Republicans)
Bill Summary
Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act with respect to investment of the social security trust funds. Repeals authorization for the issuance of public-debt obligations for purchase by the trust funds. Declares that nothing in Federal law shall be construed to authorize the Federal Government to issue such obligations solely for purchase by the trust funds. Requires the Managing Trustee of the...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Ways and Means.
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Referred to the Subcommittee on Social Security.
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Sponsor introductory remarks on measure.
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Sponsor introductory remarks on measure.
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Sponsor introductory remarks on measure.
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Sponsor introductory remarks on measure.
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| June 10, 1998 |
Introduced in the House by Nick Smith (R-Mich.) |