HR 5280 · 94th Congress · Federal advisory bodies

A bill to establish a Special Advisory Council on Social Security Financing.

Introduced 1975-03-20· Sponsored by Rep. Whitehurst, G. William [R-VA-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-03-20)

Plain Language Summary

[AI summary unavailable — showing source text] Establishes a Special Advisory Council on Social Security Financing for the purpose of studying ways and means by which the present system of financing may be phased out and replaced by an actuarially sound method whereby payments are made from accrued interest rather than from principal or general revenue moneys. Directs the Council to report its recommendations to the Secretary of Health, Education, and Welfare within one year.…

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