US Congress House Bill 234 (Prior Session Legislation)

---

Sponsorship: Partisan Bill (Republican 17)
Status: Introduced on January 7 2011 - 25% progression, died in committee
Action: 2011-01-25 - Referred to the Subcommittee on Social Security.
Pending: House Subcommittee on Social Security Committee
Text: Latest bill text (Introduced) [PDF]

Savings for Seniors Act of 2011 - 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.

Savings for Seniors Act of 2011

Sen. Marsha Blackburn [R-TN]	Rep. Todd Akin [R-MO]	Rep. Paul Broun [R-GA]	Rep. Francisco Canseco [R-TX]
Rep. John Carter [R-TX]	Rep. John Duncan [R-TN]	Rep. John Fleming [R-LA]	Rep. Tim Griffin [R-AR]
Rep. Jeb Hensarling [R-TX]	Rep. Lynn Jenkins [R-KS]	Rep. Donald Manzullo [R-IL]	Rep. Tom McClintock [R-CA]
Rep. Alan Nunnelee [R-MS]	Rep. Reid Ribble [R-WI]	Rep. David Roe [R-TN]	Rep. Marlin Stutzman [R-IN]
Rep. Lynn Westmoreland [R-GA]

Date	Chamber	Action
2011-01-25	House	Referred to the Subcommittee on Social Security.
2011-01-07	House	Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/234/all-info
Text	https://www.congress.gov/112/bills/hr234/BILLS-112hr234ih.pdf