A bill to amend title II of the Social Security Act of ensure the integrity of the Social Security trust funds by requiring the managing trustee to invest the annual surplus of such trust funds in marketable interest-bearing obligations of the United States and certifications of deposit in depository institutions insured by the Federal Deposit Insurance Corporation, and to protect such trust funds from the public debt limit
Contributors: United States. Congress. House. Committee on Ways and Means
Publisher: U.S. G.P.O.
Published: 1999
Place of publication: Washington, D.C
Language: eng
Subjects: Social security; Law and legislation; Investment of public funds; Government securities; Certificates of deposit; Public Debts
Other titles: Social Security Preservation Act of 1999.; 106th Congress, 1st Session, H.R. 147 in the House of Representatives.; To amend title II of the Social Security Act of ensure the integrity of the Social Security trust funds by requiring the managing trustee to invest the annual surplus of such trust funds in marketable interest-bearing obligations of the United States and certifications of deposit in depository institutions insured by the Federal Deposit Insurance Corporation, and to protect such trust funds from the public debt limit.
Notes: Caption title.

Introduced Jan. 6, 1999; referred to the Committee on Ways and Means.