H.R. 581 · 110th Congress
Savings for Seniors Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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BlackburnSponsor21 cosponsors · 21 R
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Akin
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Gingrey
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Westmoreland
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Neugebauer
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Shadegg
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Brown-Waite
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Goode
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Pitts
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Bishop
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Feeney
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Kingston
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Marchant
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Franks
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Fallin
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Myrick
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Manzullo
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Lamborn
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Price
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English
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Bachmann
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McCotter3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Savings for Seniors Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to establish in the Federal Old-Age and Survivors Insurance Trust Fund a Social Security Surplus Protection Account to hold the Social Security surplus.
What it does: CRS summary · Introduced in House · Jan 19, 2007
Savings for Seniors Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to establish in the Federal Old-Age and Survivors Insurance Trust Fund a Social Security Surplus Protection Account to hold the Social Security surplus.
Denies the availability of the balance in the Account for investment by the Managing Trustee.
Establishes in the executive branch of Government a Social Security Investment Commission to study and report to the President and Congress on the most effective vehicles for investment of the Federal Old-Age and Survivors Insurance Trust Fund, other than investment in the form of U.S. obligations resulting in the transfer of Trust Fund assets to the general fund of the Treasury.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Savings for Seniors Act of 2007
Latest action (Jan 24, 2007): Referred to the Subcommittee on Social Security.
Policy area: Social Welfare · Origin: House · Introduced: Jan 19, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.