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Savings Security Act of 2022

USA117th CongressS-4952| Senate 
| Updated: 9/27/2022
Deb Fischer

Deb Fischer

Republican Senator

Nebraska

Cosponsors (2)
Mark R. Warner (Democratic)Raphael G. Warnock (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Savings Security Act of 2022 This bill increases during periods of higher inflation the annual purchase limit applicable to certain government bonds. Specifically, individuals may annually purchase up to $30,000 in Series I U.S. savings bonds when, during that year, the six-month average consumer price index is above 3.5%. Currently, annual purchases are capped at $15,000 per person.
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Timeline
Sep 27, 2022
Introduced in Senate
Sep 27, 2022
Read twice and referred to the Committee on Finance.
  • September 27, 2022
    Introduced in Senate


  • September 27, 2022
    Read twice and referred to the Committee on Finance.

Finance and Financial Sector

Savings Security Act of 2022

USA117th CongressS-4952| Senate 
| Updated: 9/27/2022
Savings Security Act of 2022 This bill increases during periods of higher inflation the annual purchase limit applicable to certain government bonds. Specifically, individuals may annually purchase up to $30,000 in Series I U.S. savings bonds when, during that year, the six-month average consumer price index is above 3.5%. Currently, annual purchases are capped at $15,000 per person.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 27, 2022
Introduced in Senate
Sep 27, 2022
Read twice and referred to the Committee on Finance.
  • September 27, 2022
    Introduced in Senate


  • September 27, 2022
    Read twice and referred to the Committee on Finance.
Deb Fischer

Deb Fischer

Republican Senator

Nebraska

Cosponsors (2)
Mark R. Warner (Democratic)Raphael G. Warnock (Democratic)

Finance Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted