Skip to main content
HR 3098 104th Congress House Social Welfare Certificates of deposit Commerce Consumer education Economics and Public Finance Finance and Financial Sector Government trust funds Insurance Investment of public funds Old age, survivors and disability insurance Securities Stocks

Social Security Trust Funds Investment Act of 1996

Introduced: March 14, 1996 Introduced by: Lofgren, Zoe Democratic · California See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 26, 1996
Referred to the Subcommittee on Social Security.
Mar 14, 1996
Referred to the House Committee on Ways and Means.
Mar 14, 1996
Introduced in House
 Plain-English summary Congressional Research Service

Social Security Trust Funds Investment Act of 1996 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to diversify the investments of the Federal Old Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund by requiring the investment of 40 percent of each year's surplus in such trust funds in certain private obligations, securities, or other instruments.

What's happening now March 26, 1996

Referred to the Subcommittee on Social Security.

 Committees of jurisdiction 2