Protecting Americans’ Savings Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 9, 2022)
Protecting Americans' Savings Act of 2022
This bill directs the Department of the Treasury to report on the effects of inflation on the value of individuals' savings and the feasibility of raising the current individual limit on inflation-protected Treasury Series I Savings bonds. (Currently, there is an annual purchase limit of $10,000 for electronic bonds and $5,000 for paper bonds.)
What just happenedMar 9, 2022
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who’s behind it
- Introduced in HouseMar 9, 2022
- Mar 9, 2022IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Mar 9, 2022IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Mar 9, 2022IntroReferralIntro-H
Introduced in House
- Mar 9, 2022IntroReferral1000
Introduced in House