H.R. 1048 · 109th Congress
Direct Deposit Savings Act of 2005
- Stage
- In committee
- Sponsor
- Rahm Emanuel
- Introduced
- 2005-03-02
- Latest action
- 2005-03-02 · Introduced in House
Summary
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.