S.Amdt. 116Senate118th Congress (2023-2025)
S.Amdt. 116
Sponsored by
Sen. John Kennedy (R-LA)
Submitted June 1, 2023
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Senate amendment submitted
June 1, 2023
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Senate amendment submitted
June 1, 2023
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Senate amendment submitted
June 1, 2023
Text
Submitted
SA 116. Mr. KENNEDY submitted an amendment intended to be proposed by him to the bill H.R. 3746, to provide for a responsible increase to the debt ceiling; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. __. USE OF THE DEATH MASTER FILE AND THE DO NOT PAY WORKING SYSTEM TO MATCH SAVINGS BONDS TO OWNERS. (a) In General.--Notwithstanding any other provision of law, the Secretary of the Treasury may access the Death Master File (as such term is defined in section 203(d) of the Bipartisan Budget Act of 2013 (42 U.S.C. 1306c(d))) or the Do Not Pay working system described in section 3354(c) of title 31, United States Code, for the purpose of locating the registered owner of an applicable United States savings bond. (b) Applicable United States Savings Bond.--For purposes of this section, the term ``applicable United States savings bond'' means a United States savings bond that-- (1) is past its date of final maturity; (2) is-- (A) in paper form; or (B) is in paperless or electronic form and for which-- (i) there is no designated bank account or routing information; or (ii) the designated bank account or routing information is incorrect; and (3) has not been redeemed. ______