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United States · Bill · S

S. 682 (115th)

SAVINGS Act

referredUnited States· United States Congress· EN

Introduced

21 March 2017

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

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.

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Documents

3 official files

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Sources

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