To amend title II of the Social Security Act to establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund to hold the Social Security surplus, to provide for suspension of investment of amounts held in the Account until enactment of legislation providing for investment of the Trust Fund in investment vehicles other than obligations of the United States, and to establish a Social Security Investment Commission to make recommendations for alternative forms of investment of the Social Security surplus in the Trust Fund.
Sponsor:
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Text:
| The text of this legislation is not yet available on GovTrack. It may not have been made available by the Government Printing Office yet. |
Status:
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| Introduced | Jan 7, 2011 |
| Referred to Committee | View Committee Assignments |
| Reported by Committee | ... |
| House Vote | ... |
| Senate Vote | ... |
| Signed by President | ... |
This bill is in the first step in the legislative process. Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. [Last Updated: Jan 8, 2011 6:21AM]
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Last Action:
| Jan 7, 2011: Referred to the House Committee on Ways and Means. |
Current Status
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