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S 827 111th Congress Senate Economics and Public Finance Government information and archives Interest, dividends, interest rates Securities Tax administration and collection, taxpayers

Unclaimed Savings Bond Act of 2009

Introduced: April 3, 2009 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 3, 2009
Read twice and referred to the Committee on Finance.
Apr 3, 2009
Introduced in Senate
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 Plain-English summary Congressional Research Service

Unclaimed Savings Bond Act of 2009 - Directs the Secretary of the Treasury to conduct a demonstration program to: (1) identify and locate the owners of specified unredeemed U.S. savings bonds; and (2) provide bondholder location and assistance grants to states for the purpose of bond owner location and notification activities.

Requires the Secretary to attempt to locate owners of specified unredeemed savings bonds for which the registered address: (1) is located in a state not participating in the demonstration program in the fiscal year in which such bond would otherwise have been referred to such state; or (2) is not located in any state.

Requires the Secretary to deduct and withhold from the proceeds of any matured outstanding U.S. savings bond, on the later of the date of maturity of such bond or the date of the enactment of this Act, a tax in an amount equal to the applicable percentage of the amount which, if such bond were redeemed, would constitute interest. Includes the deemed interest amount in the bondholder's gross income.

What's happening now April 3, 2009

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 4198 Identical bill Unclaimed Savings Bond Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 1 Republican 3
R
Crapo, Mike
Idaho · Feb 1, 2010
 D
Wyden, Ron
Oregon · Nov 5, 2009
 R
Wicker, Roger F.
Mississippi · Jun 23, 2009
 R
Thune, John
South Dakota · Jun 15, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). S. 827: Unclaimed Savings Bond Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-827/
MLA
"S. 827: Unclaimed Savings Bond Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-827/.
Bluebook (legal)
S. 827, 111th Cong. (2026), https://openamerica.io/bill/111-S-827/.
Markdown link
[S. 827: Unclaimed Savings Bond Act of 2009](https://openamerica.io/bill/111-S-827/)
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