[House Report 104-473]
[From the U.S. Government Publishing Office]



104th Congress                                                   Report
                        HOUSE OF REPRESENTATIVES

 2d Session                                                     104-473
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                  PROVIDING FOR THE CONSIDERATION OF
 
H.R. 3021, TO GUARANTEE THE CONTINUING FULL INVESTMENT OF SOCIAL SECURITY

     AND OTHER FEDERAL FUNDS IN OBLIGATIONS OF THE UNITED STATES

                                _______


   March 6, 1996.--Referred to the House Calendar and ordered to be 
                                printed

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    Mr. Linder, from the Committee on Rules, submitted the following

                              R E P O R T

                       [To accompany H. Res. 371]

    The Committee on Rules, having had under consideration 
House Resolution 371, by a nonrecord vote, report the same to 
the House with the recommendation that the resolution be 
adopted.

               brief summary of provisions of resolution

    The resolution provides for the consideration of H.R. 3021, 
a bill to guarantee the continuing full investment of Social 
Security and other Federal funds in obligations of the United 
States, under a closed rule. The rule provides 1 hour of 
general debate divided equally between the chairman and ranking 
minority member of the Committee on Ways and Means. The rule 
also provides that the amendment printed in this report shall 
be considered as adopted.
    Finally, the rule provides for one motion to recommit which 
may include instructions only if offered by the Minority Leader 
or designee.
    The amendment to be considered as adopted is as follows:
    Strike paragraph (1) of section 1(a) and insert the 
following:
          (1) the amounts deposited in such fund on or after 
        the earlier of--
                  (A) the date on which such Secretary would 
                not otherwise be able to issue such obligations 
                to such fund, or
                  (B) March 15, 1996,
        and before March 30, 1996, and

                                
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