US HB4970 | 2015-2016 | 114th Congress
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on April 15 2016 - 25% progression, died in committee
Action: 2016-04-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 15 2016 - 25% progression, died in committee
Action: 2016-04-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Individual Refund Security Act This bill amends the Internal Revenue Code to prohibit tax refunds from being issued to prepaid debit cards, unless: (1) the Department of the Treasury has verified the identity of the account holder, and (2) the refund is issued no earlier than 21 days after the date on which the tax return is filed. Treasury must conduct the verification required by this bill in the same manner that is used to verify the identity of account holders suspected of being victims of identity theft.
Title
Individual Refund Security Act
Sponsors
| Rep. Matt Salmon [R-AZ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-04-15 | House | Referred to the House Committee on Ways and Means. |
| 2016-04-15 | House | Introduced in House |
Subjects
Bank accounts, deposits, capital
Computer security and identity theft
Consumer credit
Tax administration and collection, taxpayers
Taxation
Computer security and identity theft
Consumer credit
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/4970/all-info |
| Text | https://www.congress.gov/114/bills/hr4970/BILLS-114hr4970ih.pdf |
