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- S.1909
S.1909: A bill to amend title 31, United States Code, to provide for the issuance of Buy Back America Bonds.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced Nov. 18, 2011
- Latest Major Action Nov. 18, 2011
Bill Sponsor
Bill Summary
Requires the Secretary of the Treasury to establish and administer a new series of U.S. savings bonds to be known as "Buy Back America Bonds," to be used first solely to reduce the amount of foreign-held public debt, and then to reduce other public debt. Sets the redemption date of a Buy Back America Bond at 10 years from the date of issue and its maturity date at 20 years from such date. Requires annual anniversary interest payments, which...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Nov. 18, 2011 |
Introduced in the Senate by Michael B. Enzi (R-Wyo.) |