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United States · Bill · HR

H.R. 1897 (106th)

Retirement Security Act of 1999

referredUnited States· United States Congress· EN

Introduced

20 May 1999

Last action

Status

Referred to the Subcommittee on Social Security.

Sponsors

Subjects

Discovery layer

Source updated

20 August 2025

Summary

Retirement Security Act of 1999 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to create a new part B (Individual Retirement Investment Program) providing for personal social security investment accounts (investment accounts) for certain new social security account holders. Amends the Social Security Amendments of 1983 and the Internal Revenue Code to provide for financing of initial Government contributions to investment accounts and for the tax treatment of amounts contributed to, and distributed from, such accounts.

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Documents

3 official files

Introduced in House (text)

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