Recovery of Stolen Checks Act

Hozzl · 2025-04-12T19:41:11Z

Explore the details of House Bill 1155 Recovery of Stolen Checks Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

4/12/2025, 7:41 PM

Summary of Bill HR 1155

Bill 119 HR 1155, also known as the Recovery of Stolen Checks Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to address the issue of stolen checks and provide a framework for their recovery.

The bill outlines procedures for reporting stolen checks to financial institutions, law enforcement agencies, and the Federal Trade Commission. It also establishes guidelines for the investigation and recovery of stolen checks, including provisions for cooperation between different agencies and entities involved in the process.

Additionally, the Recovery of Stolen Checks Act includes measures to protect consumers from financial losses resulting from stolen checks, such as requiring financial institutions to reimburse customers for unauthorized transactions. The bill also aims to increase penalties for individuals found guilty of stealing checks, in order to deter future criminal activity. Overall, the Recovery of Stolen Checks Act seeks to improve the process of recovering stolen checks, protect consumers from financial harm, and hold perpetrators accountable for their actions. It is currently under review in Congress and may undergo further revisions before being voted on.

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Current Status of Bill HR 1155

Bill HR 1155 is currently in the status of Introduced to Senate since April 1, 2025. Bill HR 1155 was introduced during Congress 119 and was introduced to the House on February 10, 2025. Bill HR 1155's most recent activity was Received in the Senate and Read twice and referred to the Committee on Finance. as of April 1, 2025

Bipartisan Support of Bill HR 1155

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 1155

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 1155

Recovery of Stolen Checks ActRecovery of Stolen Checks ActTo amend the Internal Revenue Code of 1986 to allow taxpayers to elect to receive certain replacement refunds electronically.

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