House
Jan 6, 2009To amend title II of the Social Security Act to ensure the integrity of the Social Security trust funds by requiring the Managing Trustee to invest the annual surplus of such trust funds in marketable interest-bearing obligations of the United States and certificates of deposit in depository institutions insured by the Federal Deposit Insurance Corporation, and to protect such trust funds from the public debt limit.
Summary
Official
Social Security Preservation Act of 2009 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (Social Security Trust Funds) to ensure that the annual surplus of the Social Security Trust...
Bill Progress
Bill has been introduced and assigned a number
Introduced(1/6/09)
Committee
Passed
House
Passed
Senate
President
Law
Cosponsors (5)
Latest Action
Referred to the House Committee on Ways and Means.
Jan 6, 2009