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United States · Bill · HR

H.R. 855 (115th)

SAVINGS Act

referredUnited States· United States Congress· EN

Introduced

3 February 2017

Last action

3 February 2017 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Cartwright, Matt [D-PA-17], Rep. Cummings, Elijah E. [D-MD-7], Rep. Ellison, Keith [D-MN-5], Rep. Jenkins, Lynn [R-KS-2], Rep. Neal, Richard E. [D-MA-1], Rep. Tsongas, Niki [D-MA-3], Rep. Lipinski, Daniel [D-IL-3], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Kilmer, Derek [D-WA-6], Rep. Capuano, Michael E. [D-MA-8]

Subjects

Taxation

Source updated

5 December 2025

Taxation

Summary

Save Access to a Valuable Investment Needed to Generate Savings Act of 2017 or the SAVINGS Act This bill directs the Department of the Treasury to allow: (1) an individual taxpayer to use a portion or all of a tax refund to purchase U.S. savings bonds in paper form for the taxpayer or for any individual designated by the taxpayer; or (2) an option for a tax return that allows for the gifting of such bonds and that serves individuals who rarely, if ever, have held a bank account and individuals who lack access to the Internet.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 February 2017

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 3 February 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 3 February 2017

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 3 February 2017

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 3 February 2017

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 3 February 2017

    Open at official source

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Sponsors

Related records

Sources

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