Savings Security Act of 2022

Summary

Savings Security Act of 2022 This bill increases during periods of higher inflation the annual purchase limit applicable to certain government bonds. Specifically, individuals may annually purchase up to $30,000 in Series I U.S. savings bonds when, during that year, the six-month average consumer price index is above 3.5%. Currently, annual purchases are capped at $15,000 per person.

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Timeline

1. 27 September 2022

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 27 September 2022

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 27 September 2022 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 27 September 2022

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 27 September 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 27 September 2022

  Open at official source

Sponsors

• Deb Fischer · R · Sponsor
• Mark Warner · D · Sponsor
• Sen. Warnock, Raphael G. [D-GA] · D · Cosponsor
• · ssfi00 · Standing

Related records

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