A bill to amend the Second Liberty Bond Act to increase the investment yield on U.S. savings bonds to a level competitive with 52-week Treasury bills.

openUnited States· United States Congress· EN

Introduced

8 February 1982

Last action

—

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Summary

Amends the Second Liberty Bond Act to direct the Secretary of the Treasury to fix the investment yield on any United States savings bond at a yield which makes such bond competitive with comparable investments. Prohibits the investment yield on such bonds from exceeding 85 percent of the average investment yield for the most recent auction (before the week in which the certificate is issued) of United States Treasury bills with maturities of 52 weeks.

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Documents

1 official file

Introduced in Senate
summary · EN · 8 February 1982
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/senate-bill/2075
Open data entity: https://api.congress.gov/v3/bill/97/s/2075