HR 4085 · 117th Congress 2021โ€“2023, ended

Unclaimed Savings Bond Act of 2021

Latest action · Jun 23, 2021 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 23, 2021
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Unclaimed Savings Bond Act of 2021

This bill establishes requirements and procedures for the Department of the Treasury to transfer ownership of certain matured, unredeemed savings bonds and related records to states.

Cosponsors 36

Members who signed on, in the order they did. Signatures ran from Jun 23, 2021 to Sep 28, 2022; 12 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-MOAnn WagnerOriginalJun 23, 2021
D-NJBill Pascrell, Jr.OriginalJun 23, 2021
D-ILDanny K. DavisOriginalJun 23, 2021
R-ILDarin LaHoodOriginalJun 23, 2021
D-VADonald S. Beyer, Jr.OriginalJun 23, 2021
R-INJackie WalorskiOriginalJun 23, 2021
D-CAJimmy PanettaOriginalJun 23, 2021
D-CTJohn B. LarsonOriginalJun 23, 2021
R-SCRalph NormanOriginalJun 23, 2021
D-WIRon KindOriginalJun 23, 2021
D-NVSteven HorsfordOriginalJun 23, 2021
R-SCWilliam R. Timmons IVOriginalJun 23, 2021
D-KYJohn A. YarmuthJun 29, 2021
D-TXVicente GonzalezJun 29, 2021
D-CAAnna G. EshooJul 6, 2021
D-NYBrian HigginsJul 22, 2021
D-NYCarolyn B. MaloneyJul 22, 2021
D-NYThomas R. SuozziJul 22, 2021
R-MOJason SmithJul 27, 2021
R-KSJake LaTurnerSep 27, 2021
D-NJJosh GottheimerSep 27, 2021
D-WASuzan K. DelBeneSep 27, 2021
R-CADevin NunesNov 17, 2021
R-FLMaria Elvira SalazarNov 17, 2021
D-AZTom O'HalleranNov 17, 2021
D-PABrendan F. BoyleDec 8, 2021
D-PADwight EvansMar 15, 2022
R-PAMike KellyMar 15, 2022
R-IARandy FeenstraMar 21, 2022
D-TXEddie Bernice JohnsonMar 28, 2022
R-NEAdrian SmithMar 30, 2022
R-PALloyd SmuckerMar 31, 2022
R-CAMichelle SteelApr 7, 2022
R-TXJodey C. ArringtonApr 21, 2022
R-TXBeth Van DuyneApr 26, 2022
R-OKKevin HernSep 28, 2022

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Jun 23, 2021

Actions 2

Everything that happened, newest first.

  1. Jun 23, 2021Introduced in House
  2. Jun 23, 2021Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, Section 8, Clause 1: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; Article I, Section 8, Clause 2: To borrow Money on the credit of the United States;

The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 109, June 23, 2021, page H3082.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 2854Unclaimed Savings Bond Act of 2021Identical billSep 27, 2021

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To allow for the transfer and redemption of abandoned savings bonds.
Short Title(s) as Introduced
Unclaimed Savings Bond Act of 2021

Subjects

Assigned by the Library of Congress. Policy area: Economics and Public Finance.

Text 1

Each version as it was printed, newest first.

  1. Jun 23, 2021Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.