HR 13058 · 95th Congress · Finance and Financial Sector

Abandoned Bank Accounts Act

Introduced 1978-06-08· Sponsored by Rep. Ketchum, William M. [R-CA-18]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-06-08)

Plain Language Summary

[AI summary unavailable — showing source text] Abandoned Bank Accounts Act - Amends the Internal Revenue Code of 1954 and the Social Security Act to require the Secretary of the Treasury and the Secretary of Health, Education, and Welfare to, upon written request, disclose the mailing address of any individual to an officer of any depository institution or other bank or savings institution solely for the purpose of notifying such taxpayer of an account in such bank or institution which may be subject to State laws providing for the escheat or custodial taking of unclaimed or abandoned property.…

Summarized by Claude AI · Non-partisan · For informational purposes only