Social Security Investment Fund Act of 1999

Summary

Social Security Investment Fund Act of 1999 - Amends title VII (Administration) of the Social Security Act (SSA) to establish, as an independent agency in the executive branch, the Social Security Investment Board, in order to: (1) establish policies for investments under part B (Social Security Investment Program) (SSIP) (established by this Act) of SSA title II (Old Age, Survivors and Disability Insurance) of amounts in the Social Security Investment Fund (SSIF) (established by this Act) in the Common Stock Index Fund (established by this Act) and establish policies for selection and retention of SSIP investment managers; (2) develop specific policies for prudent investments suitable for accumulating funds for payment of social security benefits and for low administrative costs; (3) review SSIF investment performance; (4) review and approve its own budget; and (5) appoint an Executive Director. Establishes, for the Board, an Inspector General in accordance with the Inspector General Act of 1978.

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

Timeline

1. 4 March 1999

   Introduced

   Sponsor introductory remarks on measure. (CR E346)

   Source: IntroReferral

2. 4 March 1999

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 March 1999

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

4. 4 March 1999

   Introduced

   Introduced in House

   Source: IntroReferral

5. 16 March 1999

   Referred

   Referred to the Subcommittee on Social Security.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 March 1999 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 March 1999

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 March 1999

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 4 March 1999

  Open at official source

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Sponsor
• Sen. Markey, Edward J. [D-MA] · D · Sponsor
• Rep. Pomeroy, Earl [D-ND-At Large] · D · Sponsor
• Rep. Duncan, John J., Jr. [R-TN-2] · R · Sponsor
• Rep. Matsui, Robert T. [D-CA-5] · D · Sponsor
• · hswm00 · Standing

Related records

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