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- S.2797
S.2797: Refund to Rainy Day Savings Act
About This Bill
- Introduced April 13, 2016
- Latest Major Action April 13, 2016
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Refund to Rainy Day Savings Act This bill requires the Department of the Treasury to establish and implement a Refund to Rainy Day Savings Program to permit a taxpayer to defer payment on 20% of a tax refund to be deposited into a Treasury account, accumulate interest, and disbursed to the taxpayer in six months. The bill also amends the Assets for Independence Act to reauthorize the Assets for Independence (AFI) federal matched savings...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 13, 2016 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| April 13, 2016 |
Introduced in the Senate by Cory Booker (D-N.J.) |