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- H.R.4986
H.R.4986: Refund to Rainy Day Savings Act
About This Bill
- Introduced Aug. 6, 2021
- Latest Major Action Aug. 6, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (4 Democrats, 2 Republicans)
Bill Version
- Introduced in House - Aug. 6, 2021
Bill Summary
Refund to Rainy Day Savings Act This bill directs the Internal Revenue Service (IRS) to establish and implement the Refund to Rainy Day Savings program (i.e., a program to provide for unexpected expenses) to allow taxpayers to deposit 20% of their income tax refunds into the savings program. The bill sets forth rules for investments in and disbursement from the savings program. The bill also reauthorizes the Assets for Independence Act for...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Aug. 6, 2021 |
Referred to the House Committee on Ways and Means.
|
| Aug. 6, 2021 |
Introduced in the House by Bonnie Watson Coleman (D-N.J.) |