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 NUMBERED EIGHTY TWO HUNDRED EIGHTY-TWO, OTHERWISE KNOWN AS THE SOCIAL SECURITY ACT OF 1997
Date filed
February 15, 2006
Scope
Legislative History
House Bill/Resolution NO. HB05215 |
FULL TITLE : AN ACT LIMITING THE INVESTMENT OF FUNDS OF THE SOCIAL SECURITY SYSTEM AMENDING FOR THE PURPOSE SECTION TWENTY SIX OF REPUBLIC ACT NUMBERED EIGHTY TWO HUNDRED EIGHTY-TWO, OTHERWISE KNOWN AS THE SOCIAL SECURITY ACT OF 1997 |
SHORT TITLE : Limiting the Investment of Funds of SSS |
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 : 2006-02-15 |
SIGNIFICANCE: NATIONAL |
CO-AUTHORS (Journal Entries) : |
1. Nantes (019 ) |
ACTIONS TAKEN BY THE COMMITTEE |
COMMITTEE REPORT NO. 02259 |
SUBMITTED ON 2007-02-08 |
SUBMITTED BY: GOVERNMENT ENTERPRISES AND PRIVATIZATION |
RECOMMENDATIONS: approval with amendments |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2006-02-21 |
DATE INCLUDED IN OB: 2007-02-08 |
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.