HR 8528 · 93th Congress · Armed Forces and National Security

A bill to provide for increasing the amount of interest paid on the permanent fund of the U.S. Soldiers' and Airmen's Home.

Introduced 1973-06-07· Sponsored by Rep. Stratton, Samuel S. [D-NY-28]· House

Bill Progress

Introduced
Committee
House Vote
Senate
Enacted
Latest: Public law 93-185.(1973-12-15)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the amount of interest paid on the permanent fund of the United States Soldiers' and Airmen's Home from 3 percent to a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outside marketable obligations of the U.S. with remaining periods to maturity comparable to the average maturities of such investments, adjusted to the nearest one-eight of 1 percent. (Amends 24 U.S.C. 46)…

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

Cosponsors (1)

1 Republican