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United States · Bill · HR

H.R. 3435 (109th)

Savings for Seniors Act of 2005

referredUnited States· United States Congress· EN

Introduced

26 July 2005

Last action

4 August 2005 · Referred

Status

Referred to the Subcommittee on Social Security.

Sponsors

Sen. Blackburn, Marsha [R-TN], Rep. Gingrey, Phil [R-GA-11], Rep. Shadegg, John B. [R-AZ-3], Rep. Marchant, Kenny [R-TX-24], Rep. Akin, W. Todd [R-MO-2], Rep. Price, Tom [R-GA-6], Rep. Doolittle, John T. [R-CA-4], Rep. King, Steve [R-IA-4], Rep. Westmoreland, Lynn A. [R-GA-3], Rep. Hensarling, Jeb [R-TX-5], Rep. Neugebauer, Randy [R-TX-19]

Subjects

Discovery layer

Source updated

15 August 2025

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 26 July 2005

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 26 July 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 July 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 4 August 2005

    Referred

    Referred to the Subcommittee on Social Security.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 26 July 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 26 July 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 26 July 2005

    Open at official source

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Sponsors

Related records

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Sources

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