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United States · Bill · S

S. 906 (102nd)

Social Security State and Municipal Bond Fund Act of 1991

referredUnited States· United States Congress· EN

Introduced

23 April 1991

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Social Security State and Municipal Bond Fund Act of 1991 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to authorize the limited investment of Federal Old-Age and Survivors Insurance Trust Fund amounts in bonds issued by qualified State or local governments under supervision of the Social Security Investment Board established pursuant to this Act. Appropriates to the Federal Old-Age and Survivors Insurance Fund for deposit in the State and Municipal Bond Fund established pursuant to this Act, for each fiscal year, any extra amounts the Federal Old-Age and Survivors Insurance Trust Fund would have earned had its investments been limited to Treasury obligations.

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Documents

2 official files

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Sources

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