S 4952 · 117th Congress · Finance and Financial Sector

Savings Security Act of 2022

Introduced 2022-09-27· Sponsored by Sen. Fischer, Deb [R-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2022-09-27)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (2)

2 Democrats
Sen. Warner, Mark R. [D-VA]VA
Sen. Warnock, Raphael G. [D-GA]GA