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HR 1712 111th Congress House Social Welfare Financial services and investments Government studies and investigations Government trust funds Social security and elderly assistance

Savings for Seniors Act of 2009

Introduced: March 25, 2009 Introduced by: Blackburn, Marsha Republican · Tennessee See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 25, 2009
Introduced in House
Mar 25, 2009
Referred to the House Committee on Ways and Means.
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 Plain-English summary Congressional Research Service

Savings for Seniors Act of 2009 - 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 March 25, 2009

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Republican 5
R
Carter, John R.
Texas · Jul 28, 2010
 R
Wittman, Robert J.
Virginia · Oct 7, 2009
 R
Latta, Robert E.
Ohio · May 18, 2009
 R
Cole, Tom
Oklahoma · May 13, 2009
 R
McClintock, Tom
California · May 13, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1712: Savings for Seniors Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1712/
MLA
"H.R. 1712: Savings for Seniors Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1712/.
Bluebook (legal)
H.R. 1712, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1712/.
Markdown link
[H.R. 1712: Savings for Seniors Act of 2009](https://openamerica.io/bill/111-HR-1712/)
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