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HR 1048 109th Congress House Taxation Bank accounts Checks Crime and Law Enforcement Electronic funds transfers Finance and Financial Sector Income tax Individual retirement accounts Labor and Employment Science, Technology, Communications Tax refunds

Direct Deposit Savings Act of 2005

Introduced: March 2, 2005 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2005
Referred to the House Committee on Ways and Means.
Mar 2, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Direct Deposit Savings Act of 2005 - Amends the Internal Revenue Code to permit taxpayers to direct that any overpayment of taxes be: (1) refunded in part by check, draft, or similar paper instrument; (2) allocated in part among not more than four accounts; and (3) deposited by electronic fund transfer in the accounts to which allocated.

What's happening now March 2, 2005

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1