H. R. 1155, also known as the "Recovery of Stolen Checks Act," aims to change the Internal Revenue Code to allow taxpayers to receive certain replacement refunds through direct deposit. This applies to cases where a taxpayer is entitled to a refund but the original refund check was lost or...
Simple Explanation
H.R. 1155 is a new rule that lets people get their tax refund sent straight to their bank if their original check was lost or stolen, so they don't have to wait for a new check in the mail. The plan is for the government to set this up in six months, but they want to start right away, which might be tricky since they need to make sure everything works smoothly.