H.R.4896: Social Security Trust Funds Investment Act of 2007

About This Bill

Bill Summary

Social Security Trust Funds Investment Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise the duty of the Board of Trustees of the Social Security Trust Funds is to hold the Funds. Specifies that it is a duty to hold the Funds in trust for the beneficiaries and to ensure that the assets of the Funds are not diverted.Authorizes investment of the Funds in securities that are...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
Dec. 19, 2007

Introduced in the House by Louie Gohmert (R-Texas)

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