Thrift Savings Fund Investment Act of 1987
Public Law 100-43 · S. 1177 · 100th Congress · began in the Senate
Signed by Ronald Reagan (R) on May 22, 1987 · Government Operations and Politics
Sponsor: Sen. David Pryor (D-AR)
Cosponsors (1): Sen. Ted Stevens
Passage votes
- HouseVoice vote
- SenateVoice vote
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Thrift Savings Fund Investment Act of 1987 - Authorizes the Secretary of the Treasury to suspend the issuance of additional obligations of the United States, for purchase by the Thrift Savings Fund for the Government Securities Investment Fund (Fund), if such issuances could not be made without causing the public debt to exceed the public debt limit.
Requires, upon expiration of the debt issuance suspension, the issuance of obligations that bear such interest rates and maturity dates as ensure the replication of obligations that would be held by the Fund if such suspension period had not occurred.
Requires the Secretary to pay to the Fund the excess of the net amount of interest that would have been earned during the suspension period.
Requires the Executive Director of the Federal Retirement Thrift Investment Board, on each business day during the debt issuance suspension period, to notify the Secretary of the amounts, by maturity, that would have been invested or redeemed each day had the suspension period not occurred.
Sets forth reporting requirements for the Secretary regarding the operation and status of the Thrift Savings Fund.
Committees
The record shows no committee referral for this bill.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 7 actions.
- May 22, 1987Became lawBecame law · Became Public Law No: 100-43.
- Became lawBecame law · Signed by President.
- May 14, 1987PresidentPresident · Presented to President.
- May 13, 1987FloorFloor · Passed House by Voice Vote.
- FloorFloor · Called up by House by Unanimous Consent.
- May 12, 1987FloorFloor · Passed Senate without amendment by Voice Vote.
- May 8, 1987IntroducedIntroduced · Introduced in the Senate
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.