HR 5480 · 97th Congress · Finance and Financial Sector

A bill to amend the Second Liberty Bond Act to increase the investment yield on United States savings bonds to a level competitive with 52 week Treasury bills.

Introduced 1982-02-08· Sponsored by Rep. Roth, Toby [R-WI-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1982-02-08)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Second Liberty Bond Act to direct the Secretary of the Treasury to fix the investment yield on any United States savings bond at a yield which makes such bond competitive with comparable investments. Prohibits the investment yield on such bonds from exceeding 85 percent of the average investment yield for the most recent auction (before the week in which the certificate is issued) of United States Treasury bills with maturities of 52 weeks.…

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

Cosponsors (13)

6 Democrats7 Republicans
Rep. Forsythe, Edwin B. [R-NJ-6]NJ
Rep. Petri, Thomas E. [R-WI-6]WI
Rep. Dwyer, Bernard J. [D-NJ-15]NJ
Rep. Hertel, Dennis M. [D-MI-14]MI
Rep. Hughes, William J. [D-NJ-2]NJ
Rep. Coyne, James K. [R-PA-8]PA
Rep. Tauke, Thomas Joseph [R-IA-2]IA
Rep. McDade, Joseph M. [R-PA-10]PA
Rep. Heftel, Cecil [D-HI-1]HI
Rep. Fish, Hamilton, Jr. [R-NY-25]NY
Rep. Barnes, Michael D. [D-MD-8]MD
Rep. Foglietta, Thomas M. [D-PA-1]PA
Rep. Whitehurst, G. William [R-VA-2]VA