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117-hr-7005117th Congress

Protecting Americans’ Savings Act of 2022

Sponsored By: Representative Mooney, Alexander X. [R-WV-2]

Unknown

Summary

Protecting Americans' Savings Act of 2022 This bill directs the Department of the Treasury to report on the effects of inflation on the value of individuals' savings and the feasibility of raising the current individual limit on inflation-protected Treasury Series I Savings bonds. (Currently, there is an annual purchase limit of $10,000 for electronic bonds and $5,000 for paper bonds.)

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Mooney, Alexander X. [R-WV-2]

WV • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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