S.1730: Truth in Budgeting Act of 2005

About This Bill

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

Bill Cosponsor

Bill Summary

Truth in Budgeting Act of 2005 - Directs the Secretary of the Treasury to establish the Trust Fund Administration (TFA) in the Department of the Treasury to: (1) receive all revenues derived from the sale and issuance of any special rate Treasury obligation to any federal trust fund; and (2) invest them in non-federal government debt instrument index funds or in an index fund established by the TFA which reflects the rate of return in the...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Sept. 20, 2005

Introduced in the Senate by George V. Voinovich (R-Ohio)

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