US HB3385 | 2013-2014 | 113th Congress
Status
Spectrum: Strong Partisan Bill (Democrat 29-2)
Status: Introduced on October 30 2013 - 25% progression, died in committee
Action: 2013-10-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 30 2013 - 25% progression, died in committee
Action: 2013-10-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Save Access to a Valuable Investment Needed to Generate Savings Act of 2013
Sponsors
| Rep. Matthew Cartwright [D-PA] | Rep. Robert Andrews [D-NJ] | Rep. Julia Brownley [D-CA] | Rep. John Conyers [D-MI] |
| Rep. Elijah Cummings [D-MD] | Rep. Theodore Deutch [D-FL] | Rep. Keith Ellison [D-MN] | Rep. Eliot Engel [D-NY] |
| Rep. William Enyart [D-IL] | Rep. Elizabeth Esty [D-CT] | Rep. Chaka Fattah [D-PA] | Rep. Raul Grijalva [D-AZ] |
| Rep. Colleen Hanabusa [D-HI] | Rep. Ruben Hinojosa [D-TX] | Rep. Rush Holt [D-NJ] | Rep. Jared Huffman [D-CA] |
| Rep. Sheila Jackson-Lee [D-TX] | Rep. Walter Jones [R-NC] | Rep. Marcy Kaptur [D-OH] | Rep. Derek Kilmer [D-WA] |
| Rep. Barbara Lee [D-CA] | Rep. Daniel Lipinski [D-IL] | Rep. James McGovern [D-MA] | Rep. Michael Michaud [D-ME] |
| Rep. Richard Nolan [D-MN] | Rep. Beto O'Rourke [D-TX] | Rep. Pete Olson [R-TX] | Rep. William Owens [D-NY] |
| Rep. Linda Sanchez [D-CA] | Rep. Paul Tonko [D-NY] | Rep. Niki Tsongas [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-10-30 | House | Referred to the House Committee on Ways and Means. |
Subjects
Financial services and investments
Income tax exclusion
Interest, dividends, interest rates
Securities
State and local taxation
Tax administration and collection, taxpayers
Taxation
Income tax exclusion
Interest, dividends, interest rates
Securities
State and local taxation
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/3385/all-info |
| Text | https://www.congress.gov/113/bills/hr3385/BILLS-113hr3385ih.pdf |
