Bill Type
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
Congress Author
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.