HR 3738 · 99th Congress · Economics and Public Finance

A bill to protect the Social Security Trust Funds and other retirement funds from actions designed to avoid the public debt limit.

Introduced 1985-11-12· Sponsored by Rep. Oakar, Mary Rose [D-OH-20]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Social Security.(1985-11-14)

Plain Language Summary

[AI summary unavailable — showing source text] Prohibits the Secretary of the Treasury, in efforts to meet the public debt limit, from reducing the assets or earnings of, or delaying payments to, the Federal Old-Age and Survivors Insurance Trust Fund, Federal Disability Insurance Trust Fund, Federal Hospital Insurance Trust Fund, Federal Supplementary Medical Insurance Trust Fund, Railroad Retirement Account, Civil Service Retirement and Disability Fund, and Department of Defense Military Retirement Fund below levels otherwise maintained by law or by established standard procedures.…

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

Cosponsors (20)

17 Democrats3 Republicans