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H.R. 3435 (109th): Savings for Seniors Act of 2005

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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.

The bill’s titles are written by its sponsor.

Sponsor and status

Marsha Blackburn

Sponsor. Representative for Tennessee's 7th congressional district. Republican.

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Last Updated: Jul 26, 2005
Length: 9 pages
Introduced
Jul 26, 2005
109th Congress, 2005–2006
Status
Died in a previous Congress

This bill was introduced on July 26, 2005, in a previous session of Congress, but was not enacted.

Source

History

Jul 26, 2005
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 3435 (109th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 109th Congress, which met from Jan 4, 2005 to Dec 9, 2006. Legislation not enacted by the end of a Congress is cleared from the books.

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“H.R. 3435 — 109th Congress: Savings for Seniors Act of 2005.” www.GovTrack.us. 2005. December 7, 2019 <https://www.govtrack.us/congress/bills/109/hr3435>

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