,i #aacth ,,congress #ast ,session ,h4 ,r4 #cche ,,in ,,the ,,house ,,of ,,representatives ,october #cj1 #bjac ,mr4 ,cartwright 7for himself1 ,mr4 ,ellison1 ,mr4 ,jones1 ,mr4 ,olson1 ,ms4 ,tsongas1 ,mr4 ,michaud1 ,mr4 ,hinojosa1 ,mr4 ,nolan1 ,mr4 ,cummings1 ,ms4 ,lee of ,california1 ,mr4 ,grijalva1 ,ms4 ,esty1 ,mr4 ,deutch1 ,mr4 ,enyart1 ,mr4 ,conyers1 ,mr4 ,holt1 ,mr4 ,engel1 ,mr4 ,huffman1 ,mr4 ,lipinski1 ,mr4 ,mc,govern1 ,mr4 ,andrews1 ,mr4 ,owens1 ,ms4 ,jackson ,lee1 ,mr4 ,o',rourke1 ,mr4 ,fattah1 ,mr4 ,tonko1 and ,ms4 ,kaptur7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend title #ca1 ,united ,states ,code1 to require the ,secretary of the ,treasury to provide for the purchase of paper ,united ,states savings bonds with tax refunds4 #a4 ,short title ,this ,act may be cited as the ,save ,access to a ,valuable ,investment ,needed to ,generate ,savings ,act of #bjac or the ,,savings ,act4 #b4 ,purchase paper ,united ,states savings bonds with tax refund ,section #cajf of title #ca1 ,united ,states ,code1 is amended by adding at the end the following3 7d7 7#a7 ,during the period ending on ,december #ca1 #bjah1 the ,secretary shall provide an option on individual returns of tax under subtitle ,a of the ,internal ,revenue ,code of #aihf to purchase ,united ,states savings bonds in paper form with a portion or all of a refund of overpayment of such tax for the purchaser or anyone4 7#b7 ,paragraph 7#a7 shall not apply if the ,secretary implements an alternative option which-- 7,a7 allows for the gifting of ,united ,states savings bonds1 7,b7 serves the unbanked1 and 7,c7 retains the ability to sign-up on the return of tax4 4