H.R.1652: SAVINGS Act

About This Bill

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
March 26, 2015
Referred to the House Committee on Ways and Means.
March 26, 2015

Introduced in the House by Matt Cartwright (D-Pa.)

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