To amend the Internal Revenue Code of 1986 to provide for additional recovery rebates for individuals, and for other purposes.
Sponsored By: Representative Tlaib, Rashida [D-MI-12]
Unknown
Summary
This bill provides for additional 2020 recovery rebates (i.e., refundable tax credits) for individual taxpayers whose gross income does not exceed $75,000 ($150,000 for joint return filers). The amount of such rebates are $2,000 for each individual taxpayer ($4,000 for joint return filers) and $600 for each qualifying child of the taxpayer. The Internal Revenue Service may determine eligibility for the recovery rebate based on a taxpayer's 2019 tax return or other information if the taxpayer has not filed a return for 2019. To be eligible for a recovery rebate, a taxpayer must provide a valid identification number (i.e., a Social Security account number). If only one spouse filing a joint return provides a valid identification number, the amount of the recovery rebate is reduced to $2,000. The bill provides a limited exemption from garnishment and other offsets for recovery rebates.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Tlaib, Rashida [D-MI-12]
MI • D
Cosponsors
Rep. Jayapal, Pramila [D-WA-7]
WA • D
Sponsored 12/24/2020
Rep. Pressley, Ayanna [D-MA-7]
MA • D
Sponsored 12/24/2020
Rep. Omar, Ilhan [D-MN-5]
MN • D
Sponsored 12/24/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov