United States · Bill · S
S. 2600 (117th)
Refund to Rainy Day Savings Act
Introduced
4 August 2021
Last action
4 August 2021 · Introduced
Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sponsors
Sen. Booker, Cory A. [D-NJ], Sen. Young, Todd [R-IN]
Subjects
Taxation
Source updated
21 January 2026
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 FY2021-FY2025. The IRS may make grants to qualified entities to conduct AFI innovation projects. The bill directs the Department of Health and Human Services to establish a three-year matched savings account pilot program to encourage savings by participants in the savings program.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
4 August 2021
Introduced
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Source: IntroReferral
4 August 2021
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 4 August 2021 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 4 August 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 4 August 2021
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Introduced in Senate
summary · EN · 4 August 2021
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Booker, Cory A. [D-NJ] · D · Sponsor
- Sen. Young, Todd [R-IN] · R · Sponsor
- · sshr00 · Standing
Related records
- related to ← Refund to Rainy Day Savings Act
- related to ← Refund to Rainy Day Savings Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/2600
- Open data entity: https://api.congress.gov/v3/bill/117/s/2600
- us · 117-s-2600 · source updated 21 January 2026