Text: H.R.852 — 112th Congress (2011-2012)All Information (Except Text)

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Introduced in House (03/01/2011)


112th CONGRESS
1st Session
H. R. 852


To authorize the issuance of United States War Bonds to aid in funding of the operations in Iraq and Afghanistan.


IN THE HOUSE OF REPRESENTATIVES

March 1, 2011

Mr. Burgess (for himself and Mr. Culberson) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To authorize the issuance of United States War Bonds to aid in funding of the operations in Iraq and Afghanistan.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “United States War Bonds Act of 2011”.

SEC. 2. Purpose.

The purpose of this Act is to authorize the issuance of United States War Bonds to aid in the funding of the operations in Iraq and Afghanistan.

SEC. 3. Authorization for the issuance of United States war bonds.

Section 3102 of title 31, United States Code, is amended by adding at the end the following:

“(f) Issuance of United States War Bonds.—

“(1) IN GENERAL.—The Secretary is authorized to issue bonds under this section, to be known as ‘United States War Bonds’, to aid in the funding of the operations in Iraq, Afghanistan, and other military operations abroad identified by the Secretary of Defense as being part of the international conflicts against terrorism.

“(2) FORM.—The bonds authorized by paragraph (1) shall be in such form and denominations, and shall be subject to such terms and conditions of issue, conversion, redemption, maturation, payment, and rate of interest as the Secretary may prescribe.”.