H.R.3304: Growing Real Ownership for Workers Act of 2005

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about congress
  • Introduced July 14, 2005
  • Latest Major Action July 20, 2005

Bill Summary

Growing Real Ownership for Workers Act of 2005 - Amends title II (Old Age, Survivors and Disability Insurance) to add a new part B (GROW Accounts Program) under which a GROW Accounts Board shall establish a GROW account for each participating individual. Directs the Secretary of the Treasury, during each calendar year, to transfer to the Board for deposit into an interim fund, amounts equal in the aggregate to 100% of the net OASDI Trust Fund...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3304.

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Social Security.
July 14, 2005

Introduced in the House by Jim O. McCrery (R-La.)

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