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HR 491 104th Congress House

Social Security Trust Funds Integrity Act of 1995

Official title: To amend titles II and XVIII of the Social Security Act to ensure the integrity of the social security trust funds by reconstituting the Boards of Trustees of … Show full official titleShow less

Official title: To amend titles II and XVIII of the Social Security Act to ensure the integrity of the social security trust funds by reconstituting the Boards of Trustees of such trust funds and the Managing Trustee of such trust funds to increase their independence, by providing for annual investment plans to guide investment of amounts in such trust funds, and by removing unnecessary restrictions on investment and disinvestment of amounts in such trust funds.

Introduced: January 24, 1995 See on congress.gov
Social Welfare Advice and consent of the SenateCongressCongressional reporting requirementsEconomics and Public Finance
More subjectsShow fewer subjects
Finance and Financial SectorGovernment Operations and PoliticsGovernment paperworkGovernment trust fundsHealthInvestment analysisInvestment of public fundsMedicareOld age, survivors and disability insurancePlanningPresidential appointmentsTrusts and trustees
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 1995
Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.
Jan 23, 1995
Referred to the Subcommittee on Health.
Jan 23, 1995
Referred to the Subcommittee on Social Security.
Jan 11, 1995
Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, 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.
Jan 11, 1995
Introduced in House
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 Latest action February 6, 1995

Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

 Plain-English summary Congressional Research Service

Social Security Trust Funds Integrity Act of 1995 - Amends titles II (Old Age, Survivors and Disability Insurance) (OASDI) and XVIII (Medicare) of the Social Security Act to restructure the Board of Trustees of the trust funds supporting the OASDI and Medicare programs, with each Board composed of members appointed by the President, by and with the advice and consent of the Senate, on a bipartisan basis at the recommendation of House and Senate leadership and the five largest organizations representing senior citizens.

Makes it the duty of the Managing Trustee chairing the Board to invest trust fund amounts according to an annual investment plan the Board is required to formulate and submit to the President and the Congress.

Removes restrictions on investment and disinvestment of amounts in such trust funds.

 Related & companion bills 1
  • HR 164 Identical bill Social Security Trust Funds Integrity Act of 1995
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
 Cosponsors 9
All 9 Republican 2
GREENWOOD, JAMES
· Apr 16, 1996
MCINNIS, SCOTT
· Mar 13, 1996
CRANE, PHILIP
· Aug 3, 1995
 R
Calvert, Ken
California · Jul 26, 1995
LIPINSKI, WILLIAM
· Jun 22, 1995
Burr, Richard
· Jun 13, 1995
GOSS, PORTER
· Jun 7, 1995
QUINN, JACK
· Feb 16, 1995
 R
Smith, Christopher H.
New Jersey · Jan 24, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 491: Social Security Trust Funds Integrity Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-491/
MLA
"H.R. 491: Social Security Trust Funds Integrity Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-491/.
Bluebook (legal)
H.R. 491, 104th Cong. (2026), https://openamerica.io/bill/104-HR-491/.
Markdown link
[H.R. 491: Social Security Trust Funds Integrity Act of 1995](https://openamerica.io/bill/104-HR-491/)
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