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United States · Bill · HR

H.R. 3891 (99th)

Federal Trust Fund Restoration and Protection Act of 1985

referredUnited States· United States Congress· EN

Introduced

10 December 1985

Last action

16 December 1985 · Referred

Status

Referred to Subcommittee on Social Security.

Sponsors

Rep. Smith, Robert [R-OR-2]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Federal Trust Fund Restoration and Protection Act of 1985 - Requires the Secretary of the Treasury to: (1) pay to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, the Federal Supplementary Medical Insurance Trust Fund, the Railroad Retirement Account, the Civil Service Retirement and Disability Fund, the Department of Defense Military Retirement Fund, and other Government trust funds the net amount of interest that would have accrued to each fund but for any noninvestments, redemptions, and disinvestments of such fund between September 1, 1984, and the date of enactment of this Act to avoid violating the public debt limit; and (2) issue to each trust fund obligations with maturities and interest rates that will ensure the trust fund the same projected annual interest income that the fund would have received but for any such noninvestments, redemptions, and disinvestments. Requires the Secretary to take the same actions to restore lost interest resulting from future debt-limit related noninvestments, redemptions, and disinvestments of the trust funds.

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

Timeline

  1. 10 December 1985

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 10 December 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 10 December 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 December 1985

    Referred

    Referred to Subcommittee on Social Security.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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