[Congressional Record Volume 166, Number 56 (Sunday, March 22, 2020)]
[Senate]
[Page S1916]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  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.''.
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