S.Amdt. 116Senate118th Congress (2023-2025)

S.Amdt. 116

Submitted June 1, 2023

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action
Floor Latest Action

Senate amendment submitted

June 1, 2023

View full timeline
Floor

Senate amendment submitted

June 1, 2023

Floor

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.
______