H.R.855: SAVINGS Act

About This Bill

Bill Version

Bill Summary

Save Access to a Valuable Investment Needed to Generate Savings Act of 2017 or the SAVINGS Act This bill directs the Department of the Treasury to allow: (1) an individual taxpayer to use a portion or all of a tax refund to purchase U.S. savings bonds in paper form for the taxpayer or for any individual designated by the taxpayer; or (2) an option for a tax return that allows for the gifting of such bonds and that serves individuals who...

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 3, 2017
Referred to the House Committee on Ways and Means.
Feb. 3, 2017

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

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