HR 5269
Unclaimed Savings Bond Act of 2019
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Unclaimed Savings Bond Act of 2019, aims to ensure that unclaimed savings bonds and related records are transferred to states when a court orders them to do so. It establishes procedures for the Treasury Department to facilitate this transfer, including providing states with bond information and allowing them to redeem bonds even if they are lost or damaged. The act also prevents the government from pursuing legal action inconsistent with these transfer procedures.
Sponsors
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Primary sponsor
Cosponsors
A. Drew, IV Ferguson
Alcee L. Hastings
Ben McAdams
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