SAVINGS Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D CartwrightSponsor

30 cosponsors · 28 D, 2 R

26 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Save Access to a Valuable Investment Needed to Generate Savings Act of 2013 or the SAVINGS Act - Directs the Secretary of the Treasury to: (1) allow individual taxpayers an option to purchase U.S.

What it does: CRS summary · Introduced in House · Oct 30, 2013

Save Access to a Valuable Investment Needed to Generate Savings Act of 2013 or the SAVINGS Act - Directs the Secretary 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, 2018; or (2) implement an alternative option that allows for the gifting of U.S. savings bonds, serves the unbanked, and retains the ability to sign-up on the return of tax.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: SAVINGS Act

Also known as: Save Access to a Valuable Investment Needed to Generate Savings Act of 2013

Latest action (Oct 30, 2013): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Oct 30, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.