Skip to main content
HR 581 110th Congress House Social Welfare 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 Legislation Old age, survivors and disability insurance Social security finance

Savings for Seniors Act of 2007

Introduced: January 19, 2007 Introduced by: Blackburn, Marsha Republican · Tennessee See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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
Jan 24, 2007
Referred to the Subcommittee on Social Security.
Jan 19, 2007
Referred to the House Committee on Ways and Means.
Jan 19, 2007
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Savings for Seniors Act of 2007 - 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 January 24, 2007

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. 581: Savings for Seniors Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-581/
MLA
"H.R. 581: Savings for Seniors Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-581/.
Bluebook (legal)
H.R. 581, 110th Cong. (2026), https://openamerica.io/bill/110-HR-581/.
Markdown link
[H.R. 581: Savings for Seniors Act of 2007](https://openamerica.io/bill/110-HR-581/)
Report a problem