Bill Type
Congress Name
Long Title
AN ACT LIMITING THE INVESTMENT OF FUNDS OF THE SOCIAL SECURITY SYSTEM AMENDING FOR THE PURPOSE SECTION TWENTY SIX OF REPUBLIC ACT NUMBER EIGHTY TWO HUNDRED EIGHTY-TWO, OTHERWISE KNOWN AS THE SOCIAL SECURITY ACT OF 1997
Date filed
August 2, 2007
Scope
Legislative History
House Bill/Resolution NO. HB01743 |
FULL TITLE : AN ACT LIMITING THE INVESTMENT OF FUNDS OF THE SOCIAL SECURITY SYSTEM AMENDING FOR THE PURPOSE SECTION TWENTY SIX OF REPUBLIC ACT NUMBER EIGHTY TWO HUNDRED EIGHTY-TWO, OTHERWISE KNOWN AS THE SOCIAL SECURITY ACT OF 1997 |
ABSTRACT : The bill seeks to trim down the areas of investments that the Social Security Service (SSS) may enter into to only those that assures predictability in order to protect SSS members from the vagaries of trade and commerce. |
PRINCIPAL AUTHOR/S : DEFENSOR, ARTHUR D. |
DATE FILED : 2007-08-02 |
SIGNIFICANCE: NATIONAL |
CO-AUTHORS (Journal Entries) : |
1. Puentevella (025 ) |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2007-08-14 |
Abstract
The bill seeks to trim down the areas of investments that the Social Security Service (SSS) may enter into to only those that assures predictability in order to protect SSS members from the vagaries of trade and commerce.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.