HR 1420 · 111th Congress · Government Operations and Politics

Thrift Savings Fund Improvement Act

Introduced 2009-03-10· Sponsored by Rep. Paul, Ron [R-TX-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Federal Workforce, Post Office, and the District of Columbia.(2009-05-04)

Plain Language Summary

[AI summary unavailable — showing source text] Thrift Savings Fund Improvement Act - Establishes the Precious Metals Investment Fund as an investment option for individuals participating in the Thrift Savings Plan. Requires that contributions to such Fund be invested in physical gold, silver, or platinum bullion. Directs the Federal Retirement Thrift Investment Board to: (1) study the operation of existing precious metal funds to determine the best practices of such funds; (2) establish the Precious Metals Investment Fund incorporating the best practices of existing funds; and (3) make such Fund available to individuals participating in the Thrift Savings Plan.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Republicans
Rep. Burton, Dan [R-IN-5]IN
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Bartlett, Roscoe G. [R-MD-6]MD
Rep. Lamborn, Doug [R-CO-5]CO
Rep. Garrett, Scott [R-NJ-5]NJ