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- S.1018
S.1018: Refund to Rainy Day Savings Act
About This Bill
- Introduced April 3, 2019
- Latest Major Action April 3, 2019
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in Senate - April 3, 2019
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 reauthorizes the Assets for Independence (AFI) federal matched savings program through FY2024 and requires...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 3, 2019 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| April 3, 2019 |
Introduced in the Senate by Cory Booker (D-N.J.) |