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S. 3372

BillFederalSenateIn Committee
Saver's Bonus Act of 2007
About This Bill
Committee
Latest Action · July 31, 2008
Read twice and referred to the Committee on Finance.
Congress
110th (2007–2009)
Introduced
July 31, 2008
Cosponsors (0)
None
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Summary

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Saver's Bonus Act of 2007 [sic] - Directs the Secretary of the Treasury to develop programs to: (1) match deposits made by low-income individuals into certain savings accounts (saver's bonus); (2) deposit tax refunds electronically into savings accounts; and (3) allow individual taxpayers to purchase U.S. savings bonds on their federal income tax returns. Requires the Commissioner of the Internal Revenue Service (IRS) to notify low-income taxpayers of their eligibility for the saver's bonus and of their options under this Act.

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