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PROMISE Act of 2026

7/22/2026, 4:04 PM

Summary of Bill S 4979

The bill "A bill to establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund" was introduced in the 119th Congress on July 14, 2026.

Current Status of Bill S 4979

Bill S 4979 is currently in the status of Bill Introduced since July 14, 2026. Bill S 4979 was introduced during Congress 119 and was introduced to the Senate on July 14, 2026.  Bill S 4979's most recent activity was Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3942-3946; text: CR S3943-3946) as of July 14, 2026

Bipartisan Support of Bill S 4979

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
2
Republican Cosponsors
4
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 4979

Primary Policy Focus

Social Welfare

Alternate Title(s) of Bill S 4979

A bill to establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.
A bill to establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.

Comments

Ila Bennett profile image

Ila Bennett

986

21 days ago

Hey y'all, have y'all heard about this new bill that's supposed to help with the money stuff for the old-age and disability funds? I think it's a good idea, but I'm not sure how it's gonna work exactly. Do y'all think this bill will have any short term effects on us?