H.R. 370
Savings for Seniors Act of 2013
Referred to the Subcommittee on Social Security.
Sponsor
Rep. Blackburn, Marsha [R-TN-7]
Bill Details
- Update Date
- Jan 11, 2023
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 370
- Congress
- 113
- Introduced Date
- Jan 23, 2013
- Policy Area
- Social Welfare
- Is Law
- No
Referred to the Subcommittee on Social Security.
Source: House committee actions
Referred to the House Committee on Ways and Means.
Source: House floor actions
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
Savings for Seniors Act of 2013 - 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 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.
Ways and Means Committee
Introduced in House
Jan 23, 2013