A bill to encourage savings and capital formation by offering a bonus payment to modest-income people who purchase certain savings certificates or make certain investments.

Directs the Depository Institutions Deregulation Committee to authorize certain financial institutions to offer a savings certificate which shall: (1) be for a term of seven years; (2) bear interest at a rate determined by such Committee; (3) be offered only to an individual with an adjusted gross income of less than $15,000 or to a family with an adjusted gross income of less than $30,000; (4) be in the amount of $500 for an individual and $1,000 for a family; and (5) entitle the individual or family involved to a bonus payment if held to maturity. Prohibits the purchase of a savings certificate by an individual or family more than once during a calendar year. Entitles an individual with an adjusted gross income of less than $15,000 who invests, during any calendar year, a lump sum of $500 for a term of not less than seven years and any family with an adjusted gross income of less than $30,000 which invests a lump sum of $1,000 to a bonus. Sets the amount of such bonus payment at 14 percent of the original investment amount.

Requires the Secretary of the Treasury to reimburse a financial institution for all bonus payments.

Authorizes appropriations to carry out the provisions of this Act.