Summary: H.R.2628 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.2628. Bill summaries are authored by CRS.

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Introduced in House (11/14/1995)

Prohibits the Secretary of the Treasury from using amounts held in the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, or any of the railroad retirement funds and accounts for any purpose other than paying benefits and related administrative expenses from such fund.

Authorizes the Secretary to invest amounts credited to any such fund in accordance with normal operating procedures as otherwise provided by law.