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H.R.556 / 106th Congress

To amend titles 5 and 37 of the United States Code to allow members of the armed forces to participate in the Thrift Savings Plan.

Executive Comment Requested from DOD.

Official summary

Version 00 · Introduced in House · Feb 3, 1999

Allows members of the armed forces to elect to participate in the Thrift Savings Plan (TSP) by way of contributions from basic pay. Prohibits such contributions from exceeding five percent of basic pay. Prohibits for such members the one percent Federal contribution to an individual's TSP. Adds to the Employees Thrift Advisory Council one member to represent such military participants. Considers as a separation from service, for purposes of entitlement to TSP benefits, a member's release from active service, transfer to inactive status, or transfer to a retired list.

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Who introduced it

Rep. Mica, John L. [R-FL-7] · R–FL

Committees

  • Armed Services Committee
  • Oversight and Government Reform Committee
3 cosponsorship records, including any withdrawals

Actions

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  1. Executive Comment Requested from DOD.

  2. Referred to the Subcommittee on Military Personnel.

  3. Referred to the Subcommittee on Civil Service.

  4. Referred to the Committee on Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. Referred to the Committee on Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  6. Referred to the Committee on Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  7. Introduced in House

  8. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Jun 6, 2025. Consult Congress.gov for the current record.

Explore the bill from different angles

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Neutral evidence review

Objective

Analyze H.R.556 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine H.R.556 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine H.R.556 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine H.R.556 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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