The Capitol LedgerEvery move in Congress, on the record
HomeBillsRecordsLedger AI

The Capitol Ledger

Built from the Congressional Record and Congress.gov. Every summary links to its source.

AboutFAQFeedbackTerms of ServicePrivacy Policy
Follow us onlineInstagram

Summaries are AI-generated from primary sources. Verify anything important against the original record.

The Capitol Ledger

Built from the Congressional Record and Congress.gov. Every summary links to its source.

The projectAboutFAQFeedback
LegalTerms of ServicePrivacy Policy
Follow us onlineInstagram

Summaries are AI-generated from primary sources. Verify anything important against the original record.

All bills
3 versions
Back to ENGROSSED IN SENATE
Comparev2REPORTED TO SENATENov 4→v3ENGROSSED IN SENATEDec 11
RefinementREPORTED TO SENATE → ENGROSSED IN SENATE

What changed between these versions

A small but significant addition. v3 introduces a new Section 6, explicitly authorizing the appropriation of investment earnings, including interest, credited to the trust funds mentioned in the Act. This clarifies the treatment of accrued investment income for these funds, ensuring their full financial growth can be utilized.

Overview

A single, focused change was introduced. · v3 clarifies and expands the scope of authorized appropriations by explicitly including investment earnings for the relevant trust funds.

The primary change in v3 is the addition of Section 6, which explicitly authorizes the appropriation of investment earnings, including interest, for the trust funds addressed in the Act. This new provision ensures that any growth from investments within these funds can also be appropriated, providing a clearer financial framework. All other substantive provisions from v2 remain unchanged.

+

Major additions

+
Section 6

Section 6 is a newly added provision that explicitly authorizes the appropriation of any investment earnings, including interest, that are credited to the various trust funds established or amended by this Act. This ensures that the financial growth of these funds, beyond initial deposits, is also made available for their intended purposes.

This addition clarifies that the investment growth of the trust funds is also authorized for appropriation, ensuring the full value of the funds, including their earnings, can be utilized. It provides a complete financial picture for the funds by explicitly addressing how investment income should be treated.

Ask Ledger AI about this