United States · Bill · HR
H.R. 96 (107th)
Social Security Preservation Act of 2001
Introduced
3 January 2001
Last action
9 February 2001 · Referred
Status
Referred to the Subcommittee on Social Security.
Sponsors
Rep. Hall, Ralph M. [R-TX-4], Rep. Turner, Jim [D-TX-2], Rep. Davis, Danny K. [D-IL-7], Rep. Hart, Melissa A. [R-PA-4]
Subjects
Discovery layer
Source updated
19 August 2025
Summary
Social Security Preservation Act of 2001 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (social security trust funds) to ensure that the annual surplus of the Social Security Trust Funds is invested in: (1) marketable interest-bearing obligations of the United States or obligations guaranteed by the United States; or (2) certificates of deposit in insured depository institutions. Outlines provisions for determining the annual surplus of the Trust Funds. Prohibits disinvestment of Social Security Trust Fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such Trust Funds for public debt limit-related purposes. Authorizes, with certain conditions, the sale of Social Security Trust Fund public debt obligations for the payment of cash benefits and administrative expenses.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
3 January 2001
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
3 January 2001
Introduced
Introduced in House
Source: IntroReferral
3 January 2001
Introduced
Introduced in House
Source: IntroReferral
9 February 2001
Referred
Referred to the Subcommittee on Social Security.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 3 January 2001 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 3 January 2001
Introduced in House (PDF)
Introduced in House · EN · 3 January 2001
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Introduced in House
summary · EN · 3 January 2001
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Sponsors
- Rep. Hall, Ralph M. [R-TX-4] · D · Sponsor
- Rep. Turner, Jim [D-TX-2] · D · Cosponsor
- Rep. Davis, Danny K. [D-IL-7] · D · Cosponsor
- Rep. Hart, Melissa A. [R-PA-4] · R · Cosponsor
- · hswm00 · Standing
Related records
- related to ← Social Security Preservation Act of 2001
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/107th-congress/house-bill/96
- Open data entity: https://api.congress.gov/v3/bill/107/hr/96
- us · 107-hr-96 · source updated 19 August 2025