S.Amdt. 1567

SA 1567. Mr. KENNEDY submitted an amendment intended to be proposed
by him to the bill H.R. 748, to amend the Internal Revenue Code of 1986
to repeal the excise tax on high cost employer-sponsored health
coverage; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. __. PROVIDING INFORMATION TO STATES REGARDING
UNDELIVERED SAVINGS BONDS.

Section 3105 of title 31, United States Code, is amended by
adding at the end the following:
``(f)(1) Notwithstanding any other law, the Secretary shall
provide each State, as digital or other electronically
searchable forms become available (including digital images),
with sufficient information to identify the registered owner
of any applicable savings bond with a registration address
that is within such State, including the serial number of the
bond, the name and registered address of such owner, and any
registered beneficiaries.
``(2) The Secretary shall prescribe such regulations or
other guidance as may be necessary to carry out the purposes
of this subsection, including rules to--
``(A) protect the privacy of the owners of applicable
savings bonds; and
``(B) ensure that any information provided to a State under
this subsection shall be used solely to locate such owners
and assist them in redeeming such bonds with the United
States Treasury.
``(3) Not later than 12 months after the date of enactment
of this subsection, and annually thereafter, the Secretary
shall submit to the Committee on Appropriations and the
Committee on Finance of the Senate a report assessing all
efforts to satisfy the requirement under paragraph (1).
``(4) For purposes of this subsection, the term `applicable
savings bond' means a matured and unredeemed savings bond.''.
______