A bill to amend the Internal Revenue Code of 1954 to require the Internal Revenue Service to make reasonable efforts to locate persons to whom unclaimed tax refunds are owed, and for other purposes.

Amends the Internal Revenue Code to require the Secretary of the Treasury to make reasonable efforts to locate persons to whom unclaimed tax refunds are owed.

Allows unpaid tax refunds to be transferred after one year to the State in which the taxpayer last resided and requires such State to take reasonable efforts to locate the taxpayer.