Ask AI
H.R. 1652

SAVINGS Act

Save Access to a Valuable Investment Needed to Generate Savings Act of 2015 or the SAVINGS Act

Directs the Department of the Treasury to: (1) allow individual taxpayers an option to purchase U.S. savings bonds in paper form with a portion or all of a tax refund during the period ending on December 31, 2020; or (2) implement an alternative option that allows for the gifting of U.S. savings bonds, serves the unbanked, and retains the ability to sign-up on the return of tax.

Referred to the House Committee on Ways and Means.

Rep. Cartwright, Matt [D-PA-17](D-PA)Sponsor
26 cosponsors20 D6 R
26cosponsors1committees3actions1related bills6subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

SAVINGS Act — Informed