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HR 3435 109th Congress House Social Welfare Annuities Budget surpluses Congress Congressional reporting requirements Economics and Public Finance Federal advisory bodies Finance and Financial Sector Government Operations and Politics Government trust funds Governmental investigations Investment of public funds Investments Labor and Employment Legislation Mutual funds Old age, survivors and disability insurance Social security finance

Savings for Seniors Act of 2005

Introduced: July 26, 2005 Introduced by: Blackburn, Marsha Republican · Tennessee See on congress.gov
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 4, 2005
Referred to the Subcommittee on Social Security.
Jul 26, 2005
Referred to the House Committee on Ways and Means.
Jul 26, 2005
Introduced in House
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 Plain-English summary Congressional Research Service

Savings for Seniors Act of 2005 - 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.

What's happening now August 4, 2005

Referred to the Subcommittee on Social Security.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3435: Savings for Seniors Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-3435/
MLA
"H.R. 3435: Savings for Seniors Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-3435/.
Bluebook (legal)
H.R. 3435, 109th Cong. (2026), https://openamerica.io/bill/109-HR-3435/.
Markdown link
[H.R. 3435: Savings for Seniors Act of 2005](https://openamerica.io/bill/109-HR-3435/)
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