H.R. 3021 · 104th Congress · enacted
To guarantee the continuing full investment of Social Security and other Federal funds in obligations of the United States.
Became Public Law No: 104-115.
Latest official action 1996-03-12 · Enacted
The bill, briefly
Authorizes the Secretary of the Treasury to issue to each Federal fund U.S. obligations, under the public debt provisions of the U.S. Code, before March 30, 1996, in an amount not to exceed the sum of: (1) the amounts deposited in such fund between enactment of this Act and before March 30, 1996; and (2) the face amount of obligations held by such fund which mature during such period. Exempts such obligations from the public debt limit until the earlier of: (1) the date of enactment of the first increase in the public debt limit after enactment of this Act; or (2) March 30, 1996. Amends Public Law 104-103 to extend from March 15, 1996, to March 30, 1996, the Secretary's authority to issue U.S. obligations in an amount equal to the monthly insurance benefits payable under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act in March 1996.
Congressional Research Service · 1996-03-06
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
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PAC donors to the listed sponsors
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What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.