Friday, January 21, 2011

Camp, Boustany Request Answers From Treasury Secretary Geithner on Tax Refund Pilot Program

Ways and Means Chairman Dave Camp (R-MI) and Oversight Subcommittee Chairman Charles Boustany (R-LA) sent a letter to Treasury Secretary Timothy Geithner inquiring about a pilot program the Department of Treasury (Treasury) announced on January 13, which would deliver tax refunds to 600,000 individuals through the distribution of pre-paid debit cards.

In the letter, the Chairmen outlined several concerns related to the pilot program, including fees that might be assessed on recipients who receive their tax refunds through a pre-paid debit card. As part of the Committee’s oversight jurisdiction relating to the activities of the Department of the Treasury and the Internal Revenue Service, Camp and Boustany requested Treasury provide information (by February 3) related to the pilot program, including how recipients of the pilot program were chosen, a copy of the program materials and an explanation of all of the fees and charges that will be incurred by some of taxpayers enrolled in the pilot program.

The full letter can be read here.

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