Bill117th CongressFiled Sep 27, 2022Finance and Financial Sector
S. 4952
Savings Security Act of 2022
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Sep 27, 2022)
Savings Security Act of 2022
This bill increases during periods of higher inflation the annual purchase limit applicable to certain government bonds. Specifically, individuals may annually purchase up to $30,000 in Series I U.S. savings bonds when, during that year, the six-month average consumer price index is above 3.5%. Currently, annual purchases are capped at $15,000 per person.
What just happenedSep 27, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Fischer, Deb [R-NE](R-NE)Sponsor
2 cosponsors2 D
2cosponsors1committees2actions
- Introduced in SenateSep 27, 2022
- Sep 27, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Sep 27, 2022IntroReferral10000
Introduced in Senate