This bill lets people whose IRS refund check was lost or stolen choose to get the replacement money by direct deposit instead of waiting for another paper check. The Treasury Department must set up the process for this choice and make it available to eligible taxpayers. This aims to get people their replacement refunds faster and more safely than mail delivery .

The change takes effect when the law is enacted. The Treasury must create the procedures within six months of that date, so people can elect direct deposit for replacement refunds going forward .

• Who is affected | Taxpayers whose original IRS refund check was lost or stolen and who are eligible for a replacement
• What changes | You can choose direct deposit for the replacement refund instead of another paper check
• When | Law is effective upon enactment; procedures must be in place within six months