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- H.R.4885
H.R.4885: Social Impact Bond Act
About This Bill
- Introduced June 18, 2014
- Latest Major Action June 18, 2014
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
28 (14 Democrats, 14 Republicans)
Bill Summary
Social Impact Bond Act - Amends title XX (Block Grants to States for Social Services and Elder Justice) of the Social Security Act to add a new part C (Social Impact Bonds). Requires the Secretary of the Treasury to seek proposals from states or local governments for social impact bond projects which produce measurable, clearly defined outcomes that result in social benefit, such as employment for the unemployed, high school graduation, and...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
June 18, 2014 |
Referred to House Financial Services
|
June 18, 2014 |
Referred to House Ways and Means
|
June 18, 2014 |
Introduced in the House by Todd Young (R-Ind.) |